Short Term Rental Loans

[James K.]

Hi all, I'm thinking about getting into the STR market. Just wondering about how to acquire a STR loan. I'm assuming it will be a DCSR type loan. Is there anyone who could recommend a lender? I'm based out central Mass.

Thanks in advance,

Jim

[River Sava]

Hey James - 

You're right, a DSCR loan can be a great option since it focuses more on the property's income than your personal income. There are a few different ways to go about it depending on your goals and property type. I'm actually from Newburyport and would love to connect if you're interested. Sending you a dm!