Financing for STRs/Vacation Rentals
Does anyone know of lenders that specialize in Short Term Rental financing? I know there cannot be many out there. Obviously you could use conventional and convert a property to an STR. But there are mortgage due on sale clauses to deal with if you own or want to own in an LLC.
I am thinking that there must be commercial lenders that would loan or refinance on STRs, anyone have experience with this?