Too many investors overpaid for STRs in popular vacation destinations and painted themselves into a corner where the property only works as an STR.

The soil here was clay so the digging even with excavators where they could use one was challenging. 

Challenges?

I work as a part-time CFO for several real estate developers like yourself and help them through similar challenging times.

I used a promo code provided at the end of a webinar and paid for one full (discounted) year after attending "The 90 Day Challenge" with Dave Meyer.Attendees who purchase the Pro membership are supposed to get the "Real Estate by the Numbers" book as well.

We have spoke to banks in the past and its challenging to find ones that will do a C/A on a first but the ones that would consider it would not do it on a 2nd.

Challenges?

I know cash flow can be challenging in Texas but if you are anywhere near break even it's a win as long as you're in a good area because values are only doing one thing over time in that DFW metro.

Challenges?

If we were a GC and had cashflow for 2+ years and positive NOI they would consider a small business loan but outside of that, its challenging getting a business loan for real estate.