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Updated 4 months ago on . Most recent reply

Kathy Merkh's profile image
Kathy Merkh's profile image
Kathy Merkh
  • Investor
  • from Medford Lakes, NJ
  • Member since Aug 16, 2022

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Kathy Merkh's profile image
Kathy Merkh's profile image
Kathy Merkh
  • Investor
  • from Medford Lakes, NJ
  • Member since Aug 16, 2022
Kathy Merkh
  • Investor
  • Medford Lakes, NJ
13
Votes |
33
Posts
Private Lending & Conventional Mortgage Advice

Refinance short term rental.....

Kathy Merkh
  • Investor
  • Medford Lakes, NJ
Posted

Hello ~

Anybody have a lender they could recommend to refi a short term rental?  I'm in the 8's currently and I feel like rates have come down a bit.  Don't even know if enough to make it worth it but would love to lower the payment - especially since it's not performing like I had hoped.....

  • Kathy Merkh
    • Gulf Shores, Alabama
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    Erik Estrada's profile image
    Erik Estrada's profile image
    Erik Estrada

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    Erik Estrada
    Erik Estrada
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    Erik Estrada
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    Replied

    Hey Kathy, 

    You should be able to be in the 6s on a DSCR STR loan depending on your credit score and LTV bucket.

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