Purchased with minor updates to modernize the space, it now serves as a high-performing long-term rental property.

Purchased with minor updates to modernize the space, it now serves as a high-performing long-term rental property.

Underwriting will assess the performance and appraisal of the property based on traditional long-term rental comps.

After minor renovations to enhance its appeal, it has consistently performed well on the short-term rental market, particularly on Airbnb, where it maintains a high 90% occupancy rate.

Originally posted by @Leslie Crosten:@Randall Ayers any update??

When the make sense and what to look for in an originator and what to be aware of.

Originally posted by @Aaron K.

They were all non performing - many renovation loans where little reno was done and maturity date already passed - guessing it was inexperienced borrowers learning how to flip and were getting "easy" money. ya they took me out of about 14 of my deals and well being that I was getting paid it was not my place to coach them they made loans far in excess of my positions. 

Originally posted by @Jaidan Lanier:@David PereThank you man.

@George Turner Alpine Building Performance is another great option!