So before dismissing your options, you may want to consult an investor friendly Lender who is an out of the box thinker.

Financing & Loans: What are the best loan options for short-term rentals?

Assuming they're telling the truth what are my options.

@Jerry Chilimidos,Here is a list of lenders who specialize in lending to IRAs and 401Ks:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...I don't know where your rentals are located and how they are performing but selling might be an option vs doing cash-out refi.I would certainly consider option C.

**Cash-Out Refinance/HELOC:** Another option to avoid paying capital gains taxes is to not sell the house at all.

If you're open to expanding your options, you may want to check the Columbus OH market. 

I have heard about doing deals with little to no cash down but I'm skeptical about whether creative financing options are truly viable.

If you need an option that isn't as document heavy, a DSCR cash-out might be a viable option if it's an investment property.

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.