New STR refinance - as long term or vacantion rental or ??

[Avi Garg]

I bought a SFH to flip back in Feb but now thinking of using it as a Short Term Rental. Nearby similar properties go for $250-$400 a night.

I will be calling some local credit unions this week but wanted to get an idea of financing options out there. The title is currently under LLC but can refinance under my name.

This is ~2 miles from my current residence (I live in a town-home) so not sure if the SFH can qualify as a vacation home (it does have a pool which I don't have currently in my primary).

Another option a lender suggested was to refinance it as a long term rental. Are there any banks that allow STR refinancing?

The property is located in Northern California (East bay).

Tagging @Chris Mason for his input.

[Luke Carl]

Vacation Home as to be more than 65 miles from your home and this doesn't sound like a vacation home to me so you're looking at 80%LTV

hope that helps!