#JustFunded
$880k 80% LTV acquisition in Joshua Tree, California. While the market may be cooling and new STR regs on the way, ESTABLISHED STRs like this one can still be home runs. 3.49x DSCR on this deal based on TTM Actuals, even w/ max leverage and a 7.499% rate!
🎵Carolina In My Mind🎵
Check Out some of our recent deals in Coastal Carolina, a great spot for STRs for the summer season. Drivable, quality domestic locations should outperform in a potential slowdown
More Info: https://t.co/EsgZ209gXv
#JustFunded
Another #STR acquisition in North Carolina, this time in Black Mountain, a beautiful destination nestled in the Blue Ridge Mountains near Asheville. STR professionals continue to expand their portfolio in this year-round vacation destination with @EasyStreetCap
#JustFunded
$275k #BRRRR refinance on a cash-flowing single family residence in Nashville, Tennessee. Local investor purchased the property in July 2021 and has elevated the value 36% in 12 months in a 🔥 market. Locks in 30-year financing with @EasyStreetCap#financialfreedom
#JustFunded
Bread and Butter deal for a three-man STR investor group, million dollar property in the heart of Dallas, purchased to cash flow comfortably on @Airbnb and a rock solid SFR asset. Deals still work in this environment, be conservative (30% down) and picky (TX strong)!
#JustFunded
Short Term Rental professional executes his 3rd deal this year with @EasyStreetCap, refinancing a rehabbed purchase from December 2021 into a luxury turnkey vacation property ready to hit @airbnb
#JustFunded
Rate-Term Refinance in Belton, Texas. The road to #financialfreedom has to start somewhere, this borrower has partners with @EasyStreetCap to lock in 30-yr financing for his first cash-flowing SFR! One step at a time!
@ZachEdelmanESC
#JustFunded
4X Repeat Borrower w/ @EasyStreetCap refinances another BRRRR STR in Joshua Tree. Even with rates rising, Professional STR owners who can rinse and repeat and plug in more properties to markets they have on lock w/ economies of scale dialed in will continue to prosper
#JustFunded
Beautiful Vero Beach Vacation Mansion on Florida's Treasure Coast, purchased to go live on @Airbnb. @EasyStreetCap able to use customized and flexible underwriting to work around a 45-day seller leaseback.
Learn more on #STR financing here: https://t.co/EsgZ209gXv