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Updated 11 months ago on . Most recent reply
Need lender (Wyoming)
We are under contract on a property with amazing upside. We have it under contract at $112k. ARV is around $200-250k. It needs electrical. Haven't decided on STR or LTR. Who should I speak to for lending?
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
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#3 Private Lending & Conventional Mortgage Advice Contributor
- Lender
- Austin, TX
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
Pro Member
#3 Private Lending & Conventional Mortgage Advice Contributor
- Lender
- Austin, TX
I would look for a private lender that offers both hard money for the purchase (with needed rehab) and also has programs for the refinance (DSCR) - including if you decide to go the STR direction ("AirBnBRRRR")