40. Insider Tips on Scaling Your STR Portfolio with DSCR Loans with Zach Edelman
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In this episode of STR Like The Best, host Michael Chang interviews Zach Edelman, a Senior Account Executive at Easy Street Capital.
Zach shares his expertise in STR lending, specifically on DSCR loans, which are ideal for short-term rental investors. He discusses the nuances of DSCR loans, their advantages over conventional loans, and his journey from underwriting to a front-facing sales role.
This episode is essential for anyone interested in the financial aspects of short-term rental investments and looking to understand the intricacies of DSCR loans.
00:03 Introduction to Zach Edelman and Easy Street Capital
04:12 What are DSCR Loans?
06:06 DSCR Loans vs. Conventional Loans
07:50 Loan Pricing and Costs Explained
09:45 Current Market Rates and Trends
12:27 Zach's Professional Journey and Underwriting Experience
15:02 Underwriting and Loan Structuring
18:45 Key Advice for Borrowers
32:15 Market Insights: Hot and Cooling Markets
35:26 Loan-to-Value Ratios and Unlocking Equity
Connect with Zach Edelman:
Instagram: @ZachEdelmanESC
Email: [email protected]
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