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All Forum Posts by: Tyler Halfhill

Tyler Halfhill has started 2 posts and replied 5 times.

Post: DSCR Loan ARV Help

Tyler HalfhillPosted
  • Posts 6
  • Votes 2

Okay I didn't realize that the ARV would still be based off of the appraisal. I was thinking that DSCR would base the ARV off of the rent. Thank you everyone! Very helpful!

Post: DSCR Loan ARV Help

Tyler HalfhillPosted
  • Posts 6
  • Votes 2

Hello, I am considering purchasing a property with a rehab bridge loan and then refinancing with a DSCR loan. However, I am having trouble finding a place to get a good ARV for this DSCR loan. I would think that I have everything that I need: the property details (sq ft, newly rehabbed condition, etc), the property projected income, the location. Can anyone offer some advice on where to go to get the ARV for this type of commercial loan? It's not as simple as pulling comps, because I would need the rental data, too, right? Any help would be appreciated!

-Tyler

Hi Lior, I am closing on my first STR in Mount Washington on Friday! I am new to the STR game but feel free to reach out and we can share what we learn!

Thanks for the tip! I will definitely keep this in mind.

Hello BP Community,

I'm looking to connect with someone in the Pittsburgh area that has had success with the Rental Arbitrage business model. I own a long-term rental now and I am looking to learn about the STR space from someone nearby that is actually doing it. I work my W-2 job from home, and I would be willing to offer my time for free to assist a potential mentor while I learn from them. Any leads for someone like this that you all are able to pass along would be greatly appreciated!


Thank you,

Tyler Halfhill