Lots of STRs deals going on right now.Cheers!

Quote from @Valerie Renee Bowman: Hi everyone,I am looking for advice on a deal I have under contract for 550k in Sandusky, Ohio.

However, our current hard money lender only funds one loan at a time, limiting our ability to take on multiple deals simultaneously. 

But to really answer your question - from an outsider's view - things have tightened up and continue to be tight....deals are harder to find, and interest rates make some good deals just average.  

What made you interested in investing in this type of deal?

I just received two different verbal offers that I'm willing to accept, but don't want to waste time with someone whose deal may fall through.What are my options to enter into a contract with someone who is qualified?

I also did one of their 1% deals in St Pete for 100K.

But it was our first deal of course we didn’t have our act together and his underwriter said it was an awesome deal.

Syndications are a very hands off (after all the work of vetting the GP and deal are done) of investing.

This experience has provided me with a strong foundation in acquisitions, valuations, and deal sourcing.