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Updated over 8 years ago on . Most recent reply

Need to Refi a Vacation Rental in Seminole, FL
We are looking to refinance our vacation rental into a longer term, amortized loan and pull out some equity. Current loan is 40% of the ARV. This home is a furnished vacation rental that has been in business for 2 years with 98% occupancy. Great investment for lending.
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Hi Julia how much are you looking to refinance and cash out? Is there a balloon payment on your current loan? Have you already pursued conventional bank refinancing? We may have some programs that will work for you. Please contact me at: [email protected]
I look forward to hearing back from you!
Jim