Short-Term Rental Financing
Utilize AirDNA instead of long term market rents
No 12 months of operating history required
No tax returns, no income verification
30-year fixed rate
Our lenders utilize AirDNA income projections for evaluating short-term rental properties. This innovative approach allows us to move beyond the traditional requirement of a 12-month operating history or long-term lease assessments, which often show less income potential.
With AirDNA’s detailed income projections, we can accurately gauge the revenue capabilities of short-term rentals, offering a more realistic and favorable financial picture for property owners. This means better opportunities for those seeking to purchase, refinance, or cash out on their short-term rental properties, as we recognize and value the true income potential these properties can generate
Up to 80% LTV Purchase and Refinance
Up to 75% Cash-Out
Loan Amounts: $75K - $3.5M
Rates: Starting at 5.99%
Nationwide (except Nevada, North Dakota, South Dakota)
Flexible Prepayment Penalty Options
Quick and easy application to collect qualifying information. Soft-pull credit report obtained.
Terms
Receive lender pre-approval and terms. Loan is locked for 35 days.
Interior and Exterior appraisal to be preformed to determine market value of property.
Quick and easy application to collect qualifying information. Soft-pull credit report obtained.
Terms
Receive lender pre-approval and terms. Loan is locked for 35 days.
Interior and Exterior appraisal to be preformed to determine market value of property.
Partner with title company of choice to receive lender required title work.
Provide required documents to lender for final approval and obtain clear to close.
Loan is now funded and funds are dispersed to appropriate parties.
Partner with title company of choice to receive lender required title work.
Provide required documents to lender for final approval and obtain clear to close.
Loan is now funded and funds are dispersed to appropriate parties.
WHAT PEOPLE SAY
8350 N Central Expy Suite 1900
Dallas, TX 75206 (Virtual)
Email: hey@bestsuitedcapital.com
Phone: 844-734-7755
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