I got an invitation for a business line of credit through Chase (I've had an LLC for about 2 years and was building up my credit). 

I am going to assume, then it might make sense to go with a major player in the dst's.

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.

I do however know a few people that have scaled up STR businesses here, like one friend/client who has 12 and there are some bigger players for sure.

However, subsequent increases in interest rates caused a substantial reshuffling, reestablishing New York and Los Angeles as the dominant players.

I also have over 100k of available credit on credit cards I could use (I have worked so hard to create great relationships with CapitalOne and Chase after bankrupty to have this, and don't live on credit card float).

Make it a "modest increase" so as not to chase them all out at the same time.4.

All business expenses go on AMEX Business or Chase Business accounts for the points; a nice little reward for everyone at the end of the year.

@Maryam Mostafa chasing a 12% Cap will require:1) High risk properties Class C or D2) Getting lucky and getting the property under market value3) Doing a LOT of hard work to find an owner willing to sell under market value4) Doing the above to find and reposition a poorly managed propertyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.

The plaintiffs attorneys chase the insurnace money, don't do anything to pique their interest into sniffing around any more.