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Updated almost 6 years ago on . Most recent reply

User Stats

57
Posts
23
Votes
Marc Phelps
  • Title Representative
  • Savannah, GA
23
Votes |
57
Posts

How to refi an Airbnb portfolio

Marc Phelps
  • Title Representative
  • Savannah, GA
Posted

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.

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