Acquiring Your STR Loan with Robin Simon
In this week’s episode, Jamie sits down with Robin Simon, partner at Easy Street Capital. Established in 2016, Easy Street Capital has risen to become one of the leading DSCR lenders in the industry for investment properties. They specialize in Long Term, Short Term, and Multifamily rentals.
Given the uncertainty of the market, many questions arise about how investors should handle their investments. Robin shares that, from the lending perspective, he hasn’t observed many defaults or delinquencies on these loans. Many investors who acquired their properties before the rate hikes have been able to maintain their STRs and weather these downturns, thanks to their financing costs being impressively low at around 3.5-4% for a 30-year fixed mortgage. He remains uncertain if a market crash will ever occur.
In our deep dive, Robin further discusses his perspectives about the future direction of the market and emphasizes the importance of focusing on data over the click-bait headlines you see online.
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