The lender assessed value, then opened a $175,000 line of credit with those properties as collateral.

Hello, We don't currently have a STR, but posting here because many STR use these kinds of devices.   

Hi All -I would still consider myself a bit of a rookie, but I have been investing now for about 3 years.I currently own an 11 unit RV Park in which I own all of the units and rent them out.I have successfully completed a BRRR in Alabama with $4K left in the deal, and I am in the process of completing my first two SFH Fix & Flips in Detroit, Michigan.I am looking to build out a potential buyers list, JV partners, and just network in general with like-minded people. 

I have been reading a lot about DSCR loans.

Hello, I recently listened to a podcast with Mindy and Scott,.

So its not a shocking event. 

It cash flows $100 a month after all expenses.

There is a great group of members on here to connect with.

Thanks for all your inputs making this a useful forum

I found a MHP that I am interested in possibly buying and came here to see what information I could find to help me determine if their asking price is reasonable and how to determine its value myself.