Instant Financing for Short Term Rentals
Attention short term rental property owners! Get instant financing based on your current cash flow! Up to $2,000,000 in instant funds for qualified investors! Apply now!
Cash Flow Based Investor Financing
Apply today at https://themortgagecalculator.com
Our lender partner provides liquidity to professional real estate investors with low leverage, cash-flowing assets. They do this by leveraging the monthly cash flow of experienced rental investors’ entities to provide up-front capital, which you can then use to acquire new properties or improve existing properties.
USE CASES
- Pursuit and pre-dev costs
- Renovations & New Amenities
- Property Acquisition
- Working Capital
- Hiring & Company Growth
- Refinancing High Cost Debt
BENEFITS
- 7 Day Close
- Keep Your Equity
- No Origination Fees
- No Balloon Payments
- Flexible Capital
- Set Monthly Payments
- No Impact to Personal
- Credit or DTI
- Performance Based
- No liens on properties
- No trade lines on credits
WHO IS OUR LENDER PARTNER A FIT FOR?
- Real Estate investors with 3+ years experience managing or owning real estate
- We work with any capital stack including funds, syndications or partnerships
- Multifamily, long & short term rentals, self-storage, assisted living, student housing
- Operators who are cash flow positive with less than 75% portfolio-level LTV
- Operators with established business entities and business bank account
DEAL STRUCTURE
- Term Length: 1-5 years
- Min Deal Size: $100,000
- Max Advance Amount: $2,000,000*
- Annual Financing Fee: 10-18%
- Contract Type: Preferred Equity or Cash Flow
- Assignment PG and Lien on Entity (no lien on property)
- Pre-Payment and Deferred Payment Options
- 3+ Months of Payments Held in Cash Reserve
PROPERTY DOCUMENTS
- Most recent mortgage/debt statement(s)
- Mortgage note or closing documents
- Refinancing documentation from past two years
- Interest Rate Cap Agreements (if applicable)
- Required Permits (if applicable)
- Management Agreement(s) (if applicable)
- Lease Agreement(s) (if applicable)
- Most Recent Appraisal
Insurance Policy - Flood / Fire insurance policy (if applicable)
- Description of recent or upcoming CapEx expenses
- Rent Roll (multifamily)
SPONSOR REQUIREMENTS
- U.S. Based Business Entity
- 3+ Years Experience Owning/Operating Rentals
- 12+ Months Stabilized Net Cash Flow(Verifiable Historical Performance)
SPONSOR DOCUMENTS
- Government Issued ID
- Schedule of Real Estate Owned (for portfolios)
ENTITY DOCUMENTS
- 12 months Profit and Loss Statement(s)broken down by month
- Balance Sheet
- Executed Operating Agreement
- Articles of Incorporation
- EIN Letter
- Entity Level Org Chart (for multiple entities)
- Connect bank account(s) via secure online portal
funding options
CASH ADVANCE
- Quick access
- Use for renovations
- Hiring
- Business related expenses
- Cash flow or revenue assignmentagreement
Requirements
The lender requires a personal guarantee
and a lien on the entity.
Annualized Financing Fee *
12% +
PREF EQUITY
- Use for a down payment
- Quick access
- Use for renovations
- Business related expenses
- Operating agreement
Requirements
The lender requires a temporary membership stake in the entity until all payments have been satisfied. The lender does not participate in the upside, you make the same payment each month, regardless of performance.
Annualized Financing Fee *
13% +
APPLY NOW
Our self owned properties, Sistrunk Shades, are a group of 5 identical townhomes we rent individually or to large groups. The units have generated a staggering amount of income in just a short period. In just 6 months of being licensed, permits were obtained in August of 2023, the units have generated over $200,000 ($201,946.50 exactly) in paid in full bookings! Representing an estimated yearly final income of over $360,000!
Our most recent success story, Las Olas Cabanas, generated over $10,000 in under 7 days of getting licensed! Our team handled all of the purchasing, design, staging, permitting, listing and management. Creating the perfect storm to generate over $10,000 in fully paid bookings in under 7 days and over $20,000 in the first 30 days! Visit Las Olas Cabanas to see our work now!
Purchased for $1.2M in March 2022 with a Short Term Rental DSCR Loan at 85% LTV from The Mortgage Calculator. Our team managed the $200,000 remodel to turn into a trophy Short Term Rental property, with a total of 3 units and 5 bedrooms. Our team did all of the licensing and permitting. Upon licensure in August of 2022 our team generated over $210,000 in revenue in 1 year of management. Our team at Miami Real Estate Agency sold selling the property for $1.675M in May of 2023, representing an amazing return of over 100% cash on cash return in just over 1 year!