Scaling and financing issues

[Luke Mccandless]

Really need help scaling! I need to refinance a current Gatlinburg STR house but I also want to buy another before the end of the year. I'm being told I can't have these loans going simultaneously? Also, wondering if I should do a conventional loan on the STR or a commercial DSCR? The conventional loan is only 75%.

[Ryan Moyer]

It's totally dependent on the lender whether you can do multiple loans at a time. Just be upfront about it and if you still qualify with those additional loans added to your DTI and whatnot, it shouldn't be a problem for most lenders.

I had two properties under contract and an ongoing refi on my primary residence all at the same time, all closed within a couple weeks of each other.