EVERYONE says," Hey let's network I want in " OK, OK so what "value " do you bring to the table?

I simply just don't trust the news these days and have to look at my own markets and stats.I think the part everyone is conscious of is we saw a post-covid peak that in theory will not return, and we made a gradual return to 2019 levels.What I do think is true, per AirDNA, is that ocean and mountain markets saw the biggest increase, and now the biggest fall.... and now what's happening is many people, particularly older families who tried Airbnb for the first time, are realizing they never want to stay in a hotel again. 

Are you not just leaving money on the table with the listing broker? 

We dont have basements here in coastal SC, as the water table is high.  

We live and work here in the Smoky Mountains Vacation Short-Term-Rental Market, but I would be glad to answer any questions you may have.

Hey @Anna Stohlmann - congrats, you've hit that point in your REI journey where traditional mortgage products will not work (unless you bring a ton of cash to the table to reduce LTV). 

Includes lots of chairs and tables.

Not sure if you mean the town of Catskill on the river, or the mountain area, but This thread has a bunch of folks talking about the town and surrounding river towns.

@Adaze Foltz  Benefits:Direct to the source; more control over the receipt of the funds (initial and any rehab draws); able to not just establish a relationship, but also perhaps gain referrals of other private lending sources (those that are happy with the returns and payoffs - talk (boast) to their friends); faster to the table; can negotiate the terms (rate, when payments are made, other fees and when they are paid, etc.); usually nothing reported to credit bureaus.Risks:Using up the private sources money (tapping them out); The private lender didn't receive their payoffs on other loans as anticipated so they are short of funding your deal(s). 

You purchased it with a HML, and are now rate/term refinancing the $1.5m (75% of $2m) hard money loan for better terms b/c you show six months of stabilized rent, the T-12 and rent roll with the monthly breakdown shows a clear trend towards where we are at now.Your hard money loan matures at the 2-year mark, but you weren't silly enough to call me at the 1 year and 11 month mark, so my partner lenders that have great terms, but move slower, are on the table.