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Updated 11 months ago on . Most recent reply
Cash out refi for Airbnb farmhouse retreat
I own an Airbnb in a desirable vacation rental market. The area is more rural, however it's a desirable vacation destination and we offer a high end farmhouse retreat experience. I know rural properties can be a little tricky to navigate, but curious what max leverage would look like on a DSCR Cash out refi on a deal like this. Ideally using STR AirDnA projections as well. I own other STR's. Thanks!
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What is the acreage? Are there any comps? I would say 75% would be fair but maybe even 80% depending on the answers above
- Austin Clarence
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Austin Clarence with NEXA Mortgage
18 Reviews
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