Cash out for rehab on multifamily condo

[Christine Barker]

Hi All, 

I'm looking for recommendations for lenders who can do a quick turnaround with no/little early payoff penalty so I can get my contractor on the rehab asap! I would like to get a cash out fix&flip loan on my triplex. I own the multifamily condo building outright. I'm in New Hampshire.

My net worth is pretty good because I own this and another STR condo outright but I'm low on cash flow due to prior rehab and just coming out of the slow season. I'd pay the loan payments with the proceeds if my STR cash flow isn't enough to cover it but just until I can sell each of the units next year.

Thanks for reading my post and any recommendations who you've had good luck with! Christine