All Forum Posts by: River Sava

Join us Tuesday August 8th from 6-8pm at Austin Eastciders to connect with Austin based investors!

Free drink tickets available for the first 150 attendees!

Whether you're seasoned or new to REI, we hope to see you there to learn, grow, and form lasting relationships.

Presented by Easy Street Capital (easystreetcap.com), Partners and team members will be present to share how we can help you finance your next investment property. Easy Street specializes in rehab loans for fix and flips, short term rentals (airBNB and VRBO) and especially BRRRR (Buy Rehab Rent Refinance Repeat) projects where you can get your hard money loan and your cash-out refi loan all under one roof!

RSVP LINK: 

https://www.meetup.com/texas-r... 

Hi Scott, 

I would look into AirDNA and join Facebook Groups like Airbnb Homes For Sale and Short Term Rental Secrets. Feel free to shoot me a message if you would like to discuss further.

Also, if you are looking for properties in AL, I am from there and can reach out to contacts. Let me know would love to help! 

Hi Chaya!

I work for a lender based in Austin, TX but we lend nation-wide. We primarily focus on STRs, BRRRRS, Multifamily, and condos. 

Would love to connect and see how we can grow one another's business!

Hey Luke-

Welcome to BP! I work for a private lender that does deals in Nashville all the time. Closed one last week actually.

Would love to connect and chat about working together. Shoot me a message if interested!

 Yes - you should definitely always run the numbers on your project from the beginning, including modeling out your hard money loan costs (points and interest) and baking that into your expected returns and rehab.

That being said, theres something to be said about just getting started and doing your first deal, which can be really accelerated getting a loan rather than saving up all the cash needed.  Even if you don't make money on your first deal, the learning experience of diving in and learning from your mistakes makes it worth it way more than just being super cautious on the sidelines with cash

We can help! I just messaged you.

Hi Brad-

Very impressive portfolio. I believe I can help you figure out where to go from here in terms of increasing cashflow and financing more properties. 

Would love to jump on a call with you - I'm a private (asset based lender) in Austin that specializes in short term rentals, so sounds like a perfect match to help!

Hi Sean-

Would love to jump on a call with you - I'm a private (asset based lender) in Austin that specializes in short term rentals, so sounds like a perfect match to help! 
STR regs are definitely a complicated thing to get your head around here, but generally are workable. 

 Hi Tim! 

I just moved to Austin from Boston two weeks ago! I finance rental properties nationwide and would love to connect. I also have been to three ATX real estate meetups this week and can give you more info on that. Feel free to message me!

DSCR loans are a good bet but it might be a little tricky at that loan size / property value. For example, I'm a DSCR lender and our minimum property value is around $150k