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Updated over 3 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Amy Janota
  • Investor
  • Austin, TX
2
Votes |
7
Posts

Commercial loan product for refinance of a performing STR

Amy Janota
  • Investor
  • Austin, TX
Posted

Hi all! We're looking for a commercial product to cash-out refi our STR that has 7+ years of performance history. We were told by our broker that we would have to turn it into an LTR with a year lease in place to refi, and we really don't want to do that. What entity has a product that takes into consideration our STR rental history (and maybe experience) for a commercial loan?

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