Borrowers that purchased during the last 24 months, particularly with alternative mortgages such as DSCR loans at elevated rates could see worthwhile refinancing scenarios in the very near term just as any early payoff penalties are expiring. 

@Jorge GarciaI would look into bringing on a partner if possible or getting a different type of loan than refinancing your homeHave you also looked into a HELOC as well so you can keep your first mortgage ?

Without having the cash on hand I'm wondering if a private money loan is the only type of financing to work around this barrier.

It can help maintain or increase property value, appeal to a wider range of guests, and contribute to overall guest satisfaction and loyalty.Overall, hiring a professional designer for your short-term rental can elevate the guest experience, improve occupancy rates and profitability, and position your property as a desirable option in the competitive vacation rental market.

Strategies to improve cash flow include house hacking, value-add properties, short-term rentals, lowering purchase prices, reducing expenses, creative financing, market research, and self-education.

I have recently been learning about wholesale real estate and creative finance and thought that they were amazing ways to get into real estate without needing large amounts of capital on hand or taking out a high interest loan.

These updates modernized the property, improved its curb appeal, and increased its market value.

Investment Info:Single-family residence private money loan investment in Sherman Oaks.

FHA Loan How did you add value to the deal?

1/3 of rehab loans are defaulting right now...If you have zero capital, I'd just get to work.