https://www.biggerpockets.com/blog/short-term-rental-loans-a...Yeah - I closed a conventional cashout refi on an STR property earlier this year.

The tenants have a new home building nearby and the house is supposed to be closed in September.

This is a great place to learn and to connect with people so take advantage of all the great resources.

AND it works other wise they would not keep doing it.so A true private lender is someone you personally know or have met who has money in their IRA or other cash but lending is not their business they just make a few loans a year to those close to them. 

I’m particularly interested in exploring opportunities in the Raleigh/NC Mountain area and am excited to connect with like-minded individuals who share similar goals.I’m looking forward to diving into the wealth of knowledge here, sharing experiences, and collaborating with others who are passionate about real estate investing.

I would say you want to keep your cash to close to $15k or less so you have a little bit of runway if it takes some time to get it rented.How does someone truly manage a property "effectively" from a distance?

The thing that is concerning is the $30K cash since, at 90% LTC (which this deal does qualify for), the cash to close is roughly $37,000.00.

Connection with listing agent and my agent to strike the deal.

I'm looking forward to connecting with fellow investors, learning from your experiences, and finding new opportunities in the Kansas rental market.Looking forward to engaging with you all and growing together!

Were you able to close on that contract without being able to get back into the property?