Trouble getting financed

[Terry M Jordan]

I own a property free and clear and need to do a cash out refi to pay some taxes and put into my STR business. My issue is I got days before closing and the bank backed out. The property has a main house, a pool, and a 2nd house. It is on 2 parcels. All of it is on one deed. We pay taxes on it as one thing etc. It is two plots of land, two addresses for utilities. They said the Fannie Freddie guidelines view it like borrowing on two houses and rejected the loan. Ive since spoken with a few other lenders and theyre telling me the same thing. Does this mean ill never be able to borrow against or sell this property?