Hi all, I recently bought a house near Scranton PA it is my first investment property.

Then 7 days after we listed, the Maui wildfires changed everything on the island but we were fortunate enough not to lose this investment as it is on the other side of the island.

Welcome @Natalie Johnstone to the world of real estate investing!

Investment Info:Single-family residence fix & flip investment.

For lenders/banks, quality vacation rentals are clearly a unique and reliably performing asset class..For investment properties these lenders typically require a minimum 20-25% down payment but since there is higher gross revenue, the investor can often qualify for a higher loan amount.

Since on of my wonderful BP colleagues already answered it above, I wanted to ask if this person would be open to re-investing the proceeds? 

Hello Rick, I've only come across 1 company to do 2nd position DSCR Loans, here is his contact info.Erik EstradaLuxePrivate Investments LLC Loan Originator, OwnerDRE 02161719 | NMLS 2289340Direct: 818.269.7983W:https://luxeprivateinvestmentsllc.com/Schedule: https://calendly.com/erik-dra

Loan is NOT in our name but in the name of the original borrowers. 

After flying to Memphis from NYC to work with REI (Formerly Memphis Invest).

To that end I am raising capital to start BRRRR type investing in multifamily homes.