ISO STR Investor: Where To Go?
Hi all, I found this forum by way of another site, searching for private lending.
I have been looking into putting the condo that I bought 2 years ago with VA loan on Airbnb, but I found short term rentals are expressly forbidden in the covenants for my community. I have excellent credit, but I need 2 years of tax returns as an (newly) independent contractor to buy more property... in that time I could be building my AirBnB business. I am looking for someone to help finance the property in the Colorado Springs area to be repaid once I can front the loan myself (~ 2024).
As I'm new to real estate (prior USAF officer and engineer after that), I would really appreciate any tips or guidance! I have been told to go to country clubs, but the thought of socializing for the express purpose of finding investors seems somehow... dirty? And inefficient. I am hoping for a more direct and mutually beneficial way to find people who would benefit from this type of deal.