Cost Effective Loans for Air Bnb, VRBO, Sonder, etc! (SF, LA, SD)

[Alex Bekeza]

https://brrrrstrategyfunding.com/loan-options/short-term-nightly-rental-property-loans-air-bnb-vrbo-sonder-etc/

We can secure the most cost effective, asset-based financing for your nightly rental business in California. Investment properties which utilize Air Bnb, VRBO, Sonder, etc have been notoriously difficult to get a mortgage on. We make things simple. We don’t calculate the borrowers DTI at all. We strictly look at the Debt Service Coverage Ratio. We use up to 110% of market rents to calculate the DSCR and simply need greater than a 1.0, a strong FICO, and an experienced investor. There is no reason to settle for hard money when you could be in a 30 year term, fully amortized with rates in the 5% and 6% range.

• Non Owner Occupied Only
• Available throughout California
• 5/1, 7/1, 10/1 ARMs, 30 year fixed, and 10 year interest only options available
• Minimum 680 FICO
• Up to 80% LTV on purchases (Prior investing experience required)
• Up to 75% LTV on refinances (Cash Out or Rate/Term)
• Rates starting as low as the mid 5% range
• No Personal Income Verification
• Property Income Based (DSCR based on 110% of market)
• San Francisco, Los Angeles, San Diego, Santa Barbara, Lake Tahoe, Napa, Palm Springs, and more!

Send me an email to [email protected] with "Bigger Pockets Ad" in the subject line and I'll reach out to you promptly to price out your scenario for you. Please include some basic details in the intro email such as subject property address, requested loan amount, FICO, estimated property value, current mortgage (if refi), real estate experience summary etc