Mortgage

Renovation Loans: Your Secret Weapon in the Short-Term Rental Arena 🏗️🏠

The Game-Changer in STR Investments🎲 Cash is king, and so are renovation loans in the Short-Term Rental (STR) game. After all, high bookings mean having a well-maintained property that people want to vacation in, or (if a mid-term rental) want to live in for an extended period of time. This is even more true if …

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Navigating the World of Property Appraisal: A DiggifiGuide 🏠🔎

Most real estate investments depend on getting a good appraisal – as does the financing that makes the acquisition even possible. This is definitely the case in the Short-Term Rental (STR) world, in order to maximize your Loan-to-Value.  The appraisal determines whether you get the valuation (and, thus, the loan proceeds) that you need to …

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Cash-Out Refinancing: How to Make the Most of Your STR Investments 🏡💰

You real estate investments are hopefully going to rise in value – and that creates this magical tool called “equity”. This increase in equity is an asset you may want to tap into, particularly with cash-generating Short-Term Rentals (STRs). There are two primary ways to free up that equity: Either sell your properties or go …

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DSCR Loans for Short-Term Rentals: Unraveling the Secrets 🏠💼

Understanding DSCR—Debt Service Coverage Ratio—is key to leveraging your property’s earning potential and securing the right financing. In this post, our aim is to provide clear, practical insights for investors looking to navigate to the best debt in the short-term rental market. A blatant plug!: Diggifi does DSCR loans, for STRs and other investor-owned housing! …

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5 Terms of Short-Term Rental Loans You Must Know🏡

Navigating the world of short-term rental (STR) loans can be complex, but understanding these top five terms can make a significant difference in your investment strategy. Let’s break them down: Warning – self-promotion alert!: Diggifi does STR loans and one of our loan consultants will be only-too-happy to analyse these loan terms with you on …

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Why Financing a Short-Term Rental with a Loan Beats All-Cash Purchases🏡

Your ROI in Short-Term Rental (STR) deals will pivot around one core decision, in common with all real estate transactions: The choice between using all-cash, or taking out a loan for such investments. A lot of STR investors lean into using their own cash and savings (or that of their friends & fam) – but …

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🌟 How to Acquire New Short-Term Rental Properties: A Diggifi Guide 🏡

In the world of short-term rental property acquisitions, the only thing more exciting than finding a great property to buy – is not overpaying for it. Here’s a lighthearted guide to help you navigate this profitable journey: 1️⃣. Identify Your Target Market 🎯💹 Location Exploration: Discover areas bustling with tourists or business travelers. Property Selection: …

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Navigating Airbnb Financing Challenges During Storms

In the land of real estate investment, financial storms make for rough waters. They beg for the life-preserver of strong financing solutions .  All owners feel this rising pressure, but one sector  loves sun above all: AirBnb and other short-term rental (STR) investors. If that’s you, how can you weather this storm? As we all …

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Bridge Loans and Gap Financing: The Secret Weapons of Savvy Real Estate Investors in Today’s Market

Construction loans, Credit, finance, Fix and flip, Foreclosures, Hard money loans, Mortgage, Real Estate Investing / By diggifi Hello, real estate enthusiasts! In the ever-evolving landscape of real estate investing, timing is everything. And in today’s volatile RE market, having the right financial tools at your disposal can make all the difference. Enter bridge loans and gap financing. What are Bridge Loans and Gap …

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Another Bank Bites the Dust

One can almost hear the pounding beat of Queen’s masterwork– “Da da da da da….Another bank bites the dust…” Pounding is the right description – as that’s what the banking world and the real estate world are now taking. First Republic is the latest domino to fall. What the heck is going on  — and …

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