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Updated over 1 year ago,
Brrr + STR "Refinance" best lender today?
Hi All: Doing my first BRRR + STR (will do hybrid STR/MTR; MTR = mid-term rental) in Indianapolis, educating myself on which lender might be best for cash out or rate & term refinance that specializes or takes into consideration the increased projected rents from doing this as opposed to LTR (long-term rental).
Reading the forums, it seems Visio and Aloha Capital do STR specific refinancings. What other lenders do this and what terms/rates are you seeing? Which is the best lender in your opinion for this strategy?