The loan wasoriginated in 2021.The investors, Ridge Capital Investors, paid only $33m for the property in December 2019, less than 2 years before a $43m loan was extended against a $63m collateral.

We are already buying in proven markets (PF, Destin, possibly Blue Ridge)

Denver doesn't allow non-owner occupies Airbnb properties, but Wheat Ridge right next door does.

Not wise at all.Bread Bankhttps://pitchbook.com/profiles/company/434965-60#overviewBlue Ridge Bankshareshttps://pitchbook.com/profiles/company/59487-22Please reconsider your strategy.

Thanks @Kerry Baird, I was talking with ridge lending and they have recently stopped the all in o e heloc product.  

Get a first position line of credit larger than what you plan on using (Ridge Lending has the All in One that would be perfect for this strategy).

Ridge Lending All in One, first position HELOCAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MOBank of the westBB&T will loan on a rental portfolio, tooBBVA CompassBoeing employee credit unionCalifornia: Cal Coast Credit Union and Fremont Bank.Citizens first position HELOCCMG a financial 70% LTVEast West Bank, up to 60% LTV with "no docs”Figure 80% on a rental, not in LLCFirst Florida Credit Union https://firstflorida.cumortgagecenter.comGreat Lakes Credit UnionHSBC 70%, for premier clients onlyHuntington 75% LTVHurst Lending and Insurance Investment property HELOC in Texas.

I am brand new to bigger pockets, I live in High Ridge, MO 63049, and am wanting to start investing in St.

I like to focus on the Lake Ridge area of Fort Lauderdale.

I will reach out to ridge lending.