I currently have 3 short term rentals in the smokies.

But I can’t do that if a  long term lease is in place!  

County Clerk suggested that once I retake possession of the property, that it is could be difficult to get a settlement for any future unpaid rents through the end of the lease term, which is through July 2024.

These loans are structured with a combination of a first mortgage from a conventional lender (typically covering 50% of the project costs), a second mortgage from a Certified Development Company (CDC) backed by the SBA (covering 40% of the costs), and a down payment from the borrower (typically 10%).Bridge Loans: Bridge loans are short-term financing solutions used to "bridge" the gap between the purchase of a new property and the sale of an existing property or the availability of permanent financing.

Hi Everyone,I am considering offering outsourced CFO services to Real Estate Investors but specifically Short Term Rental operators.For those that offer these services, what do you include in the offer?

It was a bank short sale that one of our buyer clients was under contract for.

Can do online application via your website, auto generated term sheets and loan docs, and pipeline management.

Hi- Considering a lake house. What are the pros and cons of building from scratch for the purpose of STR? Has anyone done this? Thx

Great for house-hacking, multi-family investing, long-term holds, and BRRRR's if you're local and able to manage contractors. 

Once you have a short list, get an account with each one and run them through the wringer to see how they really function.