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Creative Real Estate Financing

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Valerie Neng
  • Investor
  • Seattle, WA
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Use a small business or SBA loan to buy real estate?

Valerie Neng
  • Investor
  • Seattle, WA
Posted Apr 23 2017, 17:19

My husband and I own a short term vacation rental cabin in rural Washington State that gets rave reviews and generates about $40K in revenue per year (about $20K profit).

Using our own experiences as urban dwellers who love nature and excellent design sensibilities, we're really good at creating unique, memorable experiences with high quality design.

We'd like to buy more existing vacation properties to rehab and hold for 3-6 years.  Also considering buying rural vacant land to build prefab new construction.  

We're looking into conventional and hard money lenders, but wondering if there we could take out a small business loan since we're basically running a hospitality business through Airbnb?

Thanks for any ideas!

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