Progress This Week
- Active OTA’s in McAllen: Hopper, Expedia, Booking.com, Airbnb
- Still working in VRBO to update the listings
- The cleaning has been completed and the conditions of the rooms have been checked
- We have successfully refinanced the seller out of the property
- We are now on a six-month bridge loan
- The same lender who provided the six month bridge loan is now actively helping us refinance with long-term bank financing and has committed to be a credit partner
TWO-WEEK AHEAD PLAN
- 9.25 interest
- 6-month bridge
- Refi lender will be guarantor for long-term financing
