Can You Get a Business Loan For a Short Term Rental?
I currently have no salary to show mortgage companies cash flow to get a mortgage approved. I don't want to have to spend $250k cash on a house to use as a short term rental because I want to have multiple projects running with less cash locked in. The STR model is a well proven one and I have data to support the market I am going into. Is it possible to get a US business loan for this? If so, what type of interest rates are you hit with?