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20
Posts
9
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Tim Wade
  • Developer
  • McMinnville, OR
9
Votes |
20
Posts

Private Money Lenders

Tim Wade
  • Developer
  • McMinnville, OR
Posted

Hi All,

I've got a great little portfolio of very successful vacation rentals in Oregon Wine Country.  I'm looking for a private money lender who wants a low risk quarterly payment on a second lien note against these properties.  Note term 3-5 years.

I want to pull out some equity to invest in a new development I am working on.

Anyone in the forum have any recommendations?  

Thanks!
Tim

Most Popular Reply

User Stats

2,120
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1,415
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Mike Grudzien
#4 Short-Term & Vacation Rental Discussions Contributor
  • Lender
  • Eugene, OR
1,415
Votes |
2,120
Posts
Mike Grudzien
#4 Short-Term & Vacation Rental Discussions Contributor
  • Lender
  • Eugene, OR
Replied

Tim,
with a "great little portfolio of very successful vacation rentals", why not do a DSCR loan?
Mike

  • Mike Grudzien
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