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Updated over 2 years ago,
Seeking Lender Advice to Refi 2 Properties and Buy 3rd
I have 2 STRs I purchased under conventional loans in my personal name. The current LTVs I estimate based on sales comps are at 59% & 66%. I'd like to refi into those loans into an LLC and use that capital to acquire an additional property. The lending market has been changing quite rapidly. Does anyone have a recommendation for lenders that are doing 80% LTV cash-out refi on STRs?