Mark SimpsonHelping short-term rental hosts get the tools, tactics and training to grow direct bookings with confidence

Tips on How to Get Funds or Lending on Short-Term Rental PART I

20 Apr 2023 · 0 min

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0:27

Short YouTube video (Mark Simpson) offering practical tips on financing single-family short-term rentals. The speaker states that a conventional investment loan with ~15% down is typically the easiest, cheapest (lowest interest) and simplest to execute, and notes alternative options such as DSCR loans when borrowers can't qualify for conventional terms.

In terms of lending and this is not like the mind blowing answer that anybody's looking for. For single family short term rentals, getting a 15% down conventional investment loan is always going to be the easiest to find, the cheapest interest rate wise and just easiest to execute. Now there are other types of loans out there for if you can't qualify for what you want to price wise with a conventional loan like DSCR loans and things like that.