Financing the purchase of your short term rental can be a bit of a challenge since banks typically don't like making large loans on investment properties and this is where private lenders come in. When banks say no, they say yes! We're super pumped to have Alex Breshears on the show to discuss how private lending can be used for short term rentals. Alex is an owner, co-host, private lender, and co-author of the upcoming book Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending.
GUEST'S BIO
Alex Breshears is an owner and cohost of short term rentals in the Mid-west and Mid-Atlantic. She also does private lending, where she lends money to active investors to acquire property, pay for renovations, or even the start-up costs associated with short term rentals. She has offered to lend money to other investors in her network for some of these start-up costs, in exchange, she will run the property until the loan is paid back, so private lending actually helped build her cohosting business. Alex also uses yield arbitrage, and take equity out of the properties she owns, and puts that money to work to help cover the expenses of the property without having to worry about guest stays solely covering the expenses of the properties.
CONNECT WITH THE GUEST
https://www.linkedin.com/company/lend2live-learning-llc/
https://www.linkedin.com/in/investpassively2liveactively/
https://www.facebook.com/Lend2LiveLearning/
https://www.instagram.com/investpassive2liveactive/
CONNECT WITH THE HOSTS
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/the_airbnbguy
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
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