Scaling Your Midterm Rental Business with Financing

Scaling Your Midterm Rental Business with Financing

Hey Beau, I am buying single family homes and townhomes, rehabbing them, and then furnishing them. I rent as midterm rentals–30 days and longer, mostly to traveling nurses. Looking to add a few more properties.

Any tips on financing with DSCR loans?
Thanks,
Jasmine

Timestamps
[00:58] Get 90% of the purchase and 100% of the repair costs on bridge loans
[01:03] You can negotiate the term
[01:32] Reason why you should go to a longer bridge loan
[01:59] Look at the best insurance policy that you can get
[02:18] If the property is rent ready, go to a DSCR loan

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#midtermfinancing #MTRfinancing

_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
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🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

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