Newer Property: The appeal of a 2020 build is understandable—fewer maintenance headaches and potential for more stability.

Real estate has definitely been a part of our journey of learning what it means to run a business, build a product, stand out in a crowded market place, (especially running airbnbs).

There are lenders who will let you pull out 75%-80% or so, possibly based on rents vs your own income if you don’t qualify that way, but their rates and fees will typically be higher than conventional loan products, and you may need rental history to go that route.

These investors can provide the capital to stabilize struggling but fundamentally sound projects, potentially earning higher returns than traditional financing routes.Current State of Mezzanine Debt and Preferred Equity InvestmentsAs of mid-2024, alternative financing in real estate, particularly mezzanine debt, and preferred equity, has gained significant traction.

Prioritize your financial stability.

Yes, there are other asset-based loan products besides DSCR.

The plan was to complete flooring, electrical upgrades, new kitchen and bathroom, exterior fascia work, and some new windows, with a target listing date of June 15th.Update (5/12/24):The property has been stabilized since June 1st of the previous year with great tenants in place.

How do property management companies perceive these areas in terms of tenant quality and rental stability?

You simply will not find that product. 

What kind of loan product should I go for?