Zach Edelman | STR Lender

💸Just Funded💸 🏘️Alabama DSCR Loans🏘️ $412,500 DSCR Loan on the purchase of a short term rental investment condo unit in Orange Beach, Alabama! This unit includes Gulf-front views from the private balcony accessible from the living area and primary suite with easy public beach access. The Condo Project itself has resort-style amenities, including an outdoor pool, heated indoor pool, fitness center, hot tubs, sauna, tennis courts, and more. Qualified with a third-party "STR Analysis" (no tax returns, no income verification, no "long-term rents" required) -- this investor locks in 30-year fixed rate DSCR financing with America's best STR Lender @EdelmanLending!

💵Just Funded💵 🚵‍♀️ New Hampshire DSCR Loans🚵‍♀️ $360,000 DSCR Loan for the purchase of an investment property (SFR + ADU) in Haverhill, New Hampshire by @EdelmanLending ! This Historic Dartmouth-area property was built in the 1700s by the original founder of Haverhill and was a fortified block house during the American Revolution. It features original charm with exposed beams, a classic chimney, and a wood and pellet stove, while also having modern luxuries like updated electrical, windows, appliances, and plumbing throughout. This investor owns and operates the adjacent property as a short-term rental, giving her experience with the unique STR market, and this next investment should perform exquisitely with the bonus ADU room a perfect setting for tabletop games and other short term rental amenities!

💵Just Funded💵 🏙️New York DSCR Loans🏙️ $672,000 Cash-Out Refinance DSCR Loan on a Short Term Rental (STR) in Greenwood Lake, New York! This experienced STR investor (Airbnb "Superhost") with a strong portfolio of three STRs taps cash-out on this strong performer (qualified based on "TTM Actuals" NOT personal income or tax returns), with a reduced 3-year "Cali-style" prepayment penalty structure with 20% freely prepayable for those first 3 years (and no penalty at ALL for the final 27 years of the term!). This 3 bed 3 bath Cape Cod-style property is just a short walk away from Greenwood Lake and features a private heated pool, hot tub, fire pit, and a wrap-around deck with lake views - no wonder its a big time performer on Airbnb! Funded via STR Loan specialist @EdelmanLending !

💵Just Funded💵 🚵‍♀️Poconos DSCR Loans🚵‍♀️ $500,800 Acquisition DSCR Loan for the purchase of a short term rental investment property in Tobyhanna, Pennsylvania! This investor secures another STR for his growing portfolio - just 20% down, DSCR ratio qualification with a third-party STR projection analysis and 30-year fixed rate financing locked in! This beautiful property should support year round tourism for outdoor activities in the beautiful Poconos region. Another great Short Term Rental Loan financed by @EdelmanLending !

💵Just Funded💵 🌞Florida DSCR Loans🌞 ⛱️STR Loans⛱️ $540,000 Rate-And-Term Refinance DSCR Loan on a short term rental duplex investment property in Dunedin, Florida by @EdelmanLending ! Located just two blocks from the beach, this double STR has a strong track record, utilizing "TTM Actuals" for qualification (investors qualified for financing based on the short term rental income rather than personal income) on one of their three STRs, 30-year fixed rate financing locked with with a reduced prepayment penalty structure (applicable for only 2 years of the 30-year term), allowing max flexibility!

💵Just Funded💵 🌄Short Term Rental Loans🌄 $788,000 DSCR Loan for the purchase of a STR investment property in Gatlinburg, Tennessee by @EdelmanLending! This 2 bed 2 bath Cabin-style home features an indoor heated pool, spacious open floor plan, sky high cathedral ceilings, walls of glass, generous covered and open decks, outdoor living area, game room, tongue and groove interior, and modern fit and finishes. This first-time investor gets into the STR game with this property, with only 20% down, qualified with a "STR Narrative Analysis" and a reduced 3-year prepayment penalty structure to maximize flexibility!

💵Just Funded💵 🌞Florida DSCR Loans🌞 ⛱️STR Loans⛱️ $270,000 Acquisition DSCR Loan on the purchase of a STR investment property in Palm Coast, Florida! @EdelmanLending and Harpoon Capital continue to be the best lending source for short term rentals with the ultimate common sense flexibility and ability to get deals done that make sense, not just fit into old-fashioned boxes. This one was qualified with AirDNA projections and qualified for a non-permanent resident alien technical "first-time homebuyer" — but we were able to make it work with significant qualify STR management experience to get underwriting done.

💸Just Funded💸 🛠️Fix and Flip Loans🛠️ $345,000 Hard Money (RTL - "Fix and Flip) Loan on a SFR investment property in Plainfield, Illinois! Two investors team up together for this flip - securing a single digit rate despite a higher-end 92.5% LTC (Loan-To-Cost) Ratio, but the numbers look juicy with a potential lucrative exit via flip (and 12-month term gives plenty of cushion. The investors have diversified experience in both flips and rentals, and combined with this rock solid financing from @EdelmanLending and Harpoon Capital, should be able to navigate this market well and pivot if necessary.

💸Just Funded💸 🗻Washington DSCR Loans🗻 $620,000 DSCR Loan for the purchase of a Short Term Rental investment property in Bonney Lake, Washington! This investor secures financing to continue to build a budding real estate portfolio, this one in beautiful Bonney Lake! Harpoon Capital and @EdelmanLending were able to qualify based on a third-party appraisal "STR Narrative" qualification based on projected STR rents, with only 20% down in a small "hidden gem" west coast market.

💸Just Funded💸 ⛵Virginia DSCR Loans⛵ ⏰Funding Friday⏰ $397,500 DSCR Loan on a rate-term-refinance in Cumberland, Virginia! This is a "Rural STR" (Cumberland pop = 393) - hard for many DSCR Lenders to make happen, but @EdelmanLending executes again for this repeat borrower. The property features a back patio, fire pit area, porch spaces, hammocks, and room to explore with private river access. For the right owner-operator, with a TTM Track Record to prove it, STRs still work!

💵Just Funded💵🍑Georgia DSCR Loans🍑 $218,400 Cash-Out Refinance DSCR Loan on a Short Term Rental investment property in Riverdale, Georgia! Riverdale, less than 6 miles away from downtown Atlanta, this 4 bed 3 bath Ranch-style home offers a dedicated workspace, PS5, arcade games, and a private fenced backyard with a year-round hot tub, pool table, fire-table gazebo, and grills. Qualified on the back of a successful TTM track record, this investor tapped cash-out on a refi, but maintained flexibility with a "Cali-Style" prepayment penalty provision -- allowing 20% of the loan freely prepayable during the first five years of the term. Funded via STR Loans specialist @EdelmanLending

💸Just Funded💸 🏖️ Florida DSCR Loans 🏖️ $370,000 DSCR Loan for the purchase of a Short Term Rental investment property in sunny Sarasota, Florida! @EdelmanLending works his magic again on STR financing, securing this investor a 6.5% interest rate (30-year fixed, DSCR) for the loan, qualified using @airdna projections (zero haircut, 100% credit for projections). The property should perform well for this investor with a growing portfolio! Property features a saltwater pool, panoramic pool cage, two generous screened outdoor living areas and an air-conditioned hobby room!

💸Just Funded💸⏰Funding Friday⏰ $260,000 DSCR Loan for the rate and term refinance of a investment property duplex utilized as a short term rental in St. Louis, Missouri by @EdelmanLending! Located in the desirable Fox Park neighborhood of St. Louis, this duplex features a fully equipped kitchen, a dedicated workspace, laundry access, and a fenced backyard. This investor, who currently owns and manages a portfolio of mid-term and short-term rentals in St. Louis, MO and Jacksonville, FL secures long-term (30-year) fixed rate financing for this cash-flowing 2-unit property, tapping the flexible "cali-style" prepayment penalty provision, with 20% freely prepayable for the duration of the period!

💸Just Funded💸 🛠️Fix and Flip Loans🛠️ $168,534 Hard Money Loan for the purchase and rehab of a SFR in Temple, Texas! A hard one to finance for these investors "getting back on their feet" with some challenged credit (two partners, both under 600 FICO), was not a problem for @EdelmanLending and Harpoon Capital! A single digit rate at that - these investors should be able to execute a nice and tidy flip in this Texas town to produce some nice real estate returns for them and a rejuvenated residence for a lucky buyer / renter in a few months time!

💸Just Funded💸 ⛵Virginia DSCR Loans⛵ $352,500 Acquisition DSCR Loan for the purchase of another fully occupied turnkey cash-flowing quadruplex for these investors (so nice, we did it twice!)! Another great execution in this Virginia secondary market for these experienced investors adding to their portfolio - with great financing locked in via @EdelmanLending and Harpoon Capital (6.5% Interest Rate, 30-Year Fixed, Moderate Prepayment Penalty Structure)! On to the next one for these prolific pros in real estate investing!

🤔What are the upfront costs or fees associated with DSCR loans? ➡️While DSCR loans rarely require any payment during the initial quote or application stage, some lenders collect upfront deposits or processing fees, often called a commitment fee or good-faith deposit, after issuing a Term Sheet or Letter of Intent. These fees, which typically range from $500 to $1,000, are used to cover third-party and lender-incurred costs such as appraisals, credit and background reports, legal document preparation, and title work if the loan does not close. Unlike conventional loans, DSCR loans are not bound by strict TRID fee-change limits, so investors should review all lender charges closely, confirm refundability in writing, and watch for last-minute “gotcha fees” or “junk fees” added near closing. via @EdelmanLending

💸Just Funded💸 🗻Washington DSCR Loans🗻 $499,500 Cash-Out Refinance DSCR Loan on a Single Family Rental investment property in Ashford, Washington! This big-time real estate investor with a diversified portfolio of long-term and short-term rentals takes some cash out of the successful STR to access equity for more investing opportunities. Qualified with "TTM Actuals" - @EdelmanLending and Harpoon Capital were able to secure a 79.9% Cash-Out Refinance (Yes, not a typo - 79.9% Cash-Out Refi on a Rural STR) with a solid rate still under 7. Best of the Best DSCR financing for short term rentals available for the fall "STR Loophole" buying season available now - up to 85% LTV purchases, 80% LTV Cash-Outs (to access capital), DSCR qualification with 100% of AirDNA or other methodologies, Rural/High Acreage Friendly and MORE!

💸Just Funded💸 🤠Texas DSCR Loans🤠 $165,500 Cash-Out Refinance DSCR Loan on a SFR creatively used as a Medium Term Rental in San Angelo, Texas! This prolific real estate investor with a portfolio spanning several states, pulls cash out of this San Angelo MTR with a solid 6.75% interest rate at 75% LTV. Property should cash flow nicely while now providing cash out to further plow into real estate opportunities! Another investor building the path towards financial freedom with funding via @EdelmanLending!

💸Just Funded💸 🧊 BRRRR🧊 🍑 Georgia DSCR Loans🍑 $228,750 Cash-Out Refinance DSCR Loan on a Single Family Rental in Ball Ground, Georgia! This prolific "BRRRR Strategy" real estate investor executes a refinance on this recently renovated rental in North Georgia - rejuvenating this 78-year old property to its former glory - appraiser confirmed a "like new" status. High Leverage (75% LTV), Low Rate (6.875%) DSCR Financing is perfect for the BRRRR Method - and @EdelmanLending comes through (again!) for this repeat, happy borrower!

💸Just Funded💸 $562,500 DSCR Loan for the acquisition of a condotel unit in Asheville, North Carolina! This is a tricky hard-to-finance but golden opportunity in western Carolina where this investor secured a fully-furnished turnkey unit in this beautiful (and well-placed) building that allows only a small limited number of units for "condotel" (short term rental) purposes. Yet, @EdelmanLending gets the deal done - with just 25% down and an ultra-competitive 6.75% interest rate on a 30-year fixed rate DSCR financing!