I maxed out credit to rehab 3 properties dropped my credit score.

[Shane Ward]

I used my HELOC, cash and credit cards to rehab 3 properties I bought in July. I want to refinance all 3 when they are rented out (1 unit has been rented for 2 months). Will banks give me a hard time when it comes time to refinance? I bought all 3 for a total of $116k and have about 80k in rehabbing them. The ARV for all 3 is between 250k and 300k. I want to pull all the cash out and buy more properties asap.

[Mischa Talokonnikoff]

Perhaps with a decent appraisal you will be fine. But I  had difficulty with financing based on short terms rentals. Banks usually want to see a history of rental income which I believe is a year plus. Don't quote me on that, I'm not a banker.