Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

38
Posts
35
Votes
Brent Huling
35
Votes |
38
Posts

Financing Options for an STR - Hard Money?

Brent Huling
Posted

I am looking at a $1.5M property in OR to purchase as a 2nd/Vacation home.  It is in a very hot market, and they will most likely get cash offers.  My first preference would be to purchase with a 10% down vacation home loan so I could use some money for upgrades, but I don't know if I can compete - maybe if I go way over asking.  Are there any good hard money options to pay cash and then refi down the road?  I have plenty of assets and excellent credit.  Thanks!

Loading replies...