All Forum Posts by: Jon Dieringer

Hello, first-time poster / potential new investor—apologies for my total lack of knowledge and experience. I'm wondering if it's possible to find financing as a first-time buyer to purchase two adjoining properties that are currently successful STRs, using one home as a primary residence while continuing to rent the other as an STR. To put it in specifics, $800k total purchase, each property produces about $67k/yr according to Awning data. I've got about $120k liquid assets. I don't have the provable income to do this as a traditional mortgage, but is it possible to find a lender for this based on the previous renters track record? What kind of financing am I looking for? Or am I barking up the wrong tree? Thanks!