Bought, reno., and rented property with cash. Now need money, CT

[Jorge Pesok]

I bought a single family residential property using my own cash, renovated it, with my own cash, and have now had a tenant in the property for going on 2 months.  I am looking for a bank to finance the property, which is in CT, but am having difficulty finding a bank that will do it.  I used Lima One for my first deal, but they are giving me a hard time now (mainly because they want me to show 6 months of mortgage, interest, and insurance payments to cover the new loan AND the previous loan I closed with them last year?!  This amounts to close to $15,000.  Also, they are EXTREMELY restrictive with how I can obtain these funds, e.g., no gifts (even from wife), credit card advances, etc.  

I now realize that the smarter way to do these deals is through fix to rent loans and plan on doing those moving forward.  But I can't move forward until I pull cash out of this current property.  Any advice is much appreciated.