You need liquid cash, not leverage, and based on the information provided this property negatively cash-flows.

Hi @Joel ClifftThe cash on cash in this property based on the numbers that you shared is 15% so it seems to be a good investment with the little data that I have, even though the GBR formula gives 11% which I believe is the reason Travis won't invest.One thing is that you look monthly estimates from different tools such as AirDNA, AirBnB, etc.

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

Private money lending is a great tool for investors because it’s asset-based rather than credit- or income-based like banks.

I'm estimating 500/month for capex based on other parks I own of similar size and age, but I am not sure what's holding me back from pulling the trigger.

View report*This link comes directly from our calculators, based on information input by the member who posted.I'm a real estate noob, would love the feedback!

I'm currently based in north central Arkansas near Mountain Home.

@Jeff Sine   What kind of banks offer asset based loans? 

This is normally done by allocating costs based on square footage or amount of bedrooms.Best of luck!

Quote from @Brandi Hoilett: Hey everyone, I’m Brandi — 28 years old and based in Miami.