What is the minimum amount of profitability acceptable at a $60 million loan volume4.

"District South was financed with a fixed interest rate construction loan from our partners at First Financial Bank NA.

Possibly break loan covenants and can't cure default, lender takes back property.  

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

They finally get back to me after the close date to say they need more time because they are try to cross collateralize their other properties to make this deal happen and the bank they were using doesn't do this kind of loan. 

There was also a loan grant available from the state of NH for first time home buyers for 3% down payment assistance.

I've never done any Sacramento STR loans and only been hit up for one potential financing opportunity there.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

More syndicators go out of business and wind up in foreclosure and/or lawsuits to enforce loan guarantees. 

@Jake Baker  You should think about a rehab loan if you are going to buy and hold.