When I started embracing failure as a necessarity to succeeding in whatever i did, man what a difference.

Generally, DSCR Lenders fall into three buckets:Traditional DSCR Lenders that do not lend on properties utilized as short term rentalsDSCR Lenders that lend on STR properties, however do so conservatively, either requiring the property to qualify as if it were utilized as a long-term rental; or require 12 full months of documented operating history on a STR platform.DSCR Lenders that fully embrace short term rentals, and underwrite utilizing cutting-edge technology tools such as revenue projections from leading data sources such as AirDNA, financing multi-unit STR properties (even 5+ units) and embracing seasonal vacation markets that don’t have traditional long-term rental markets.Rates have unfortunately ticked up lately - you are probably looking at something in the 8%-9% range if it only qualifies as a STR. 

🍂🏡 Embrace the Fall Real Estate Season in Tampa!

You also need a REALLY good team in place to embrace the problems your going to be facing from time to time.I hope this helps. 

Some examples of this include being able to embrace the “AirBnBRRRR” strategy (i.e., not requiring a long-term lease for the “rent” portion of BRRRR before approving the refinance) or allowing investors to borrow in an LLC or other creative structures.Hopefully, this article helps BRRRR investors navigate the market in 2023, knowing all the financing options available for success.

Here’s to embracing the possibilities of medium-term rentals and to a brighter, more prosperous future for NYC landlords!

Do business with those who embrace your style 

For some of us, this may mean temporary loss of employment, or a reduction in income.We stand with you during these times, and it is imperative to work together to get through them smoothly, taking each other's needs into consideration and embracing a team effort to overcome the potential effects of this experience.We are committed to coming out of this with each of our tenants and their families in the same position as we are now.

.🔄 Repeat: With newfound funds, they repeated the process, acquiring more properties and multiplying their cash flow.Why I Encourage Investors to Embrace BRRRR:This success story isn't a one-time wonder.

These kinds of important financial decisions require a ton of nurture, thought and consideration by all those involved and can be hard for some people to embrace or even talk about.