My exit strategy is to refinance into a Longterm USDA loan, after the Tax Map Key is issued in 10-24months.I plan on farming crops on the land.

My dad was a contractor, so I've grown up building houses, remodeling, etc.

Quote from @Jose Mejia: Good afternoon,My name is Jose Mejia and I am looking to find a lender that is able to do a cash out refinance for a property that I invested in with my brother through a hard moneylender.

My local municipality is changing ordinances to be far more restrictive, and I notice a number of houses up for sale that were STRs.  

However, don't have any of those loans anymore (most paid off).The only thing I do that you don't, is use trusts, and love them and they have saved my bacon a number of times.

They've been advertising their new construction inventory on my Investment Properties For Sale Show since Q4 2024.

My thought behind it was to simply get rid of debt and take on less risk  sure, if you are deleveraging across the board but if you are going to turn around and buy a new property with leverage that does not make sense. 

My tenants, who have been in the property for close to three years, have become totally unresponsive.

I want to use my IRA to buy an investment lot.

Yes, my DSCR calculation is 1.5 on the conservative side.