You can refinance it into a conventional loan and that helps avoid the higher down payment.FHA also offers more wiggle room when it comes to DTI debt to income ratios and reserves requirements. 

For me I have 3 main goals I am shooting for:1) Pay back the debt I acquired purchasing rentals this year. 

If you do you may run the risk of piercing the corporate veil of your LLCs making you personally liable for business debts. 

You are required to disclose that debt, and it will be a fairly easy catch for an underwriter, even if it's not on your credit report. 

This could lead to a huge tax bill and penalties.Think carefully before you do this.Good luck. 

More importantly, get the high interest rate debt paid off first.

While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.

One thing you can do right now: create the Furnished Finder listing with unfurnished photos, mention in the description that the property will be furnished soon, and start fielding inquiries and watching the unmatched leads section.

Hallelujah hallelujah.. lol - I'm going to follow your lead really soon my friend. 

Hi All - I found a lead on a MFH (5+ units) that is a short sale.