Cash out Refinance on investment property with no liens or mortgages in Conway, NH

[Sal Massa]

My wife owns an LLC which owns an investment property in Conway, NH which we believe will appraise for +/- $700K. It has no liens of mortgages. She also owns 100% of our personal residence in Tuftonboro, NH that is assessed by the town at $804K (it should appraise for much more) with a $352K mortgage. Her credit score is good at 745 and frankly, we could pay off some zero interest credit card balances that would likely bring her score up near 800. Her gross income is $125K/year (thru two jobs). We applied for a traditional cash out/refinance on the investment property but were denied because she's only been employed at one job for 1 year and 2 months (they wanted 2 years). In addition to this, my income could not be considered because of a personal bankruptcy filed within the last year. However, my income is $156K/year. So, between the two of us, we earn over $280K. Considering the amount of equity between the two properties, we are looking for a relatively modest $250K loan on either of the properties... whichever would be less expensive. Can anyone help?