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All Forum Posts by: Dustin Pavlik

Dustin Pavlik has started 17 posts and replied 23 times.

Post: STR/Vacation property financing

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

Hello,

I'm an investor located in NWPA. I currently own 50 LTR units in my local area. I am interested in getting a STR in the St. Pete area, which would also be a vacation property for my family. I need some help finding an investor friendly lender in the area who could help me through the process. Also, a realtor who is familiar with dealing with STR investors and the specific area would be helpful. Thanks in advance!

Post: St Pete/ Clearwater STR

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

I have been traveling to Pinellas Co. - specifically Clearwater and St. Pete for years now and absolutely love the area.

I see so many STR'S on Airbnb/VRBO and have rented several myself. Everything I read says that these two specific city's along with many others in the county do not allow STR'S less than 30 days. Are most people taking the risk here? I'd like to get an Airbnb myself but can't figure out what area would be best and easiest.

Thanks for any feedback!

Post: STR laws in Pinellas Co Florida

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

@Luke Rorech

I’d really appreciate if you could send me that list! That’d be great. Thanks!

Post: STR laws in Pinellas Co Florida

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

I have read several articles/blogs about the strict STR laws in areas of Pinellas Co. such as Clearwater and St. Pete. However, I have rented weekly in these areas before and clearly people are still doing it. Can someone help me out here on what the actual laws are and is it worth taking the risk? I love the area and would like to buy a STR for myself down there.

I’ve read a lot about how pinellas co has strict short term rentals laws. Specifically Clearwater and St. Pete. I’ve been looking to invest in the area but am unsure of how other investors are avoiding this issue? 

Is it sort of just a risk that everyone is taking until they get caught? I’ve read that some hefty fines have been issued to some folks. Are there ways to get around city ordinances? 

Thanks in advance for any help!

Post: NWPA- Erie/Crawford County area lenders

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

I am looking to connect with private lenders in my area to work together on some deals. I have developed a solid track record and have deals coming in frequently. Shoot me a message if you have interest in working together. Buying SF, MF, apartment buildings, & BRRRR's.

Post: Private Money lending structure

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

How does everyone set up their private money lender deals? What kind of structure and terms? What legal considerations need to be taken into place? Any info would be helpful. I'm looking for private money lenders to lend on BRRRR's, flips, and rentals.

Post: Structuring partnerships with lenders

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

@Dustin Pavlik

I meant to say with private money lenders***

Post: Structuring partnerships with lenders

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

How does everyone set up/structure their partnerships with hard money lenders? What legal aspects do you have to consider? I am looking to start using hard money lenders and am curious on how to go about setting things up and handling everything.

Post: Requirements for brrrr refinance

Dustin PavlikPosted
  • Investor
  • Saegertown, PA
  • Posts 26
  • Votes 16

Looking at buying a SFR for approx. 30-40k. Only needs 15k in renovations. Let's say I'm all in for 50k and the property should rent for $850. ARV would be roughly 95k.

What are the requirements for refinancing? Are they the same for buying a home? I am self employed so it's usually difficult dealing with banks as it is. I would like to put the property in my LLC. To me it seems that if there's enough equity and expenses are covered well enough by the rent then there shouldn't be any Issue refinancing? What has everyone else experienced with this?