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Updated over 2 years ago,
Mortgage on Airbnb property
I am thinking about using a recently acquired property for solely Airbnb. I am curious if anybody has been able to get a bank to do a cash out refinance on an investment property that has no lease? My plan is to buy with cash, do a little updating, furnish it, put on Airbnb, and then 6 mo to a year later, do a cash out refinance. Thanks in advance.