The popularity of short-term rental investment properties continues to grow. Boulder Equity Partners has launched a new program specifically designed for these lucrative investments.
We’ve combined our 30-year fixed rate mortgage program with more flexible processes and STR-friendly underwriting. That allows us to set the stage to get short-term rental loans quickly over the finish line to funding.
- 100% of AirDNA projected revenue for “professionally” qualified borrowers
- 75% of AirDNA projected revenue for non-professionally qualified borrowers
- 100% of trailing performance revenue for refinances
- Properties 1 to 8 units in size
- Rates 6% – 7.5%
- Loan Amounts from $150k – $3.5MM
- DSCR all the way down to 0.75% for purchase or rate/term and 1.0 for cash out
- 30-year term, 30-year amortization or 10-year Interest Only
- LTV up to 80% for purchases and 75% for cash out refinance
- Lending nationwide except ND, SD, NV, and UT
- Dedicated vacation rental towns and typical market areas
- No STR license verification
- Cash flow calculated on gross revenue (no consideration of management or cleaning expenses)
Boulder Equity Partners is a nationwide lender for commercial real estate loans. We offer a wide range of loan programs, including long-term financing and bridge loans, coupled with experience and expertise needed to fund deals other lenders can’t.