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10
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8
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Anthony Spencer
  • Rental Property Investor
  • Carnation, WA
8
Votes |
10
Posts

Cash out refi on short term rental

Anthony Spencer
  • Rental Property Investor
  • Carnation, WA
Posted

Im looking to do my first BRRR, and my first short term rental on a property I just purchased.

Ill have plenty of buffer on my LTV once it's rehabbed, but my DTI will be too high without including any rental income. Ive already spoken to a lender that will consider 75% rental income from a traditional lease agreement. But my question is:

Will any lenders consider future short term rental income towards my DTI ratio, when it comes time for a cash out refi? If no, are there any other creative ways to accomplish this BRRR im not aware of?

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