Refi needed for Profitable AirBnB

1 Reply

I have 2 homes on hard money construction loans and I need to refi out of them to something more conventional.

They're both in Austin, TX on the East Side of Downtown, about 5 miles from Downtown.

Approximate combined value of both homes is between 800 - 870K

They're both on AirBnB and doing well, average monthly revenue is $10,000

Send all rates and offers. Looking to close this ASAP

Home 1 https://www.airbnb.co.uk/rooms/30916612 \\ https://www.zillow.com/homes/for_sale/2090656552_zpid/30.298203,-97.64788,30.246203,-97.70942_rect/14_zm/1_fr/?view=public

Home 2 https://www.airbnb.co.uk/rooms/31563706 \\ https://www.zillow.com/homes/1102-Delano-St-.num.-B-Austin,-TX,-78721_rb/2090631735_zpid/

Updated almost 2 years ago

Also want to add that the loan i want to refi out of is about 600K

Hi Charles, I'd recommend reaching out to Jack Lieberman with Security National Mortgage and seeing what rates they offer. He is a private money lender but also a traditional lender that focuses on working with investors to refi projects. I'll PM you his contact info.

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