Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago, 07/03/2019
How to refi an Airbnb portfolio
I have a portfolio of 9 homes (single-family, duplexes, and triplexes) in Indianapolis that I bought individually and rehabbed with cash in the last 18 months. Some are long-term rentals but most are short term Airbnb rentals. Cashflow is very strong but I'm struggling to find a lender who will do a cash-out loan on the portfolio because of the Airbnb properties. Does anyone have a recommendation or experience with getting mixed properties like this leveraged?
My goal is to redeploy about 1mil and get a 15-30 year term at a sub-6% interest rate.