You would just approach any lender and ask to refinance.

Michael,Construction loan programs are fairly simple and in some cases the answer to little to no inventory.

So, after closing costs I would need roughly 55k cash to bring to the table. 

However, we are now exploring opportunities to bring in passive investors to help accelerate our portfolio growth.

You don’t have to use it like short-term debt—you can pull from it strategically and pay it back at your own pace.

Copies of Leases: Have you been able to review the actual leases in place to see who is responsible for what?

I literally just need to categorized income and all types of expenses.Do any of you properties investor have a recommendation on what accounting software to use for these type of set up?

We put in around $15,000/$20k worth of construction & furnishings to bring it up to Airbnb standards.

It’s relatively close to Houston and has strong demand due to Texas A&M, events, and business travel, making it a flexible market for STR and mid-term rentals.If you’re open to exploring other high-performing areas, I’d be happy to share insights and data with you.

However, we are now exploring opportunities to bring in passive investors to help accelerate our portfolio growth.