I can help you with a cash out refi - I can help with DSCR or traditional lending. 

Although traditionally Florida has seen appreciation, this is not a given.Think about how long negative cash flow can last.

However, I cannot go with the traditional leading since banks need 2 years of tax returns as self-employed.

Originally posted by @Christian Sifuentes:Derek E. where are you buying properties?  

Quote from @Christian Busch: @Daniel Rabinov this is an interesting project by a reputable developer.

If I understand it right it’ll cost a bit more in the short run due to loan origination fees and higher interest then a more traditional loan? 

Additionally, be sure to have a solid business plan in place to present to potential lenders.2) In addition to a construction loan, you could also explore other financing options such as traditional mortgages, lines of credit, or even private investors.

@Tacuma Bradley - I know there are a few people who are successfully doing STR in Japan, and others doing more traditional LTR, and that they are successful. 

Christian

Here are some quick numbers for context.Purchase totalAfter RenosYearly RentsCap Rate (pre costs)Cap Rate (- $300 IRS, PM, INS)$62,240.00 $64,890.00 $11,760.00 18.12%12.58%$71,280.00 $71,530.00 $9,516.00 13.30%8.27%$37,116.00 $39,116.00 $10,500.00 26.84%17.64%$58,857.00 $59,857.00 $12,000.00 20.05%14.03%$49,501.00 $56,046.00 $10,740.00 19.16%12.74%All in, we're interested in any creative financing - traditional refi, portfolio loans, DSCR, HELOC.