I bought my first house with two loans, one for 80% and the other for 20%. 

As for the future I hope to get a Heloc or other type of loan against it in the next few years to pay off the current owner and do more repairs.

My VA loan fell through and need to find alternative funding ASAP please help.

I aim to refinance the loan under conventional investment terms to avoid the high interest rates associated with hard money loans.With an excellent credit score, securing a loan shouldn't be a challenge.

Note: -the properties are located in California, Nevada, Arizona, and Connecticut-the properties are all financed under conventional loans-most of the loans are purchased as rentals, two are purchased as primaries. 

Fastest option would be to sell it to an investor, and they either pay cash for it OR if it would qualify for a DSCR loan (for rentals) it can close in 25-30 days. 

So you could pay out 120k on a 50k loan if your house stays at 600k in 5 years.Also, if you pay it off in less than 2 years, they make 20% interest on the money loaned.

While you noted you are paying from business accounts, whose name is on the loans?

You can also run your STR in your personal name or elect to start a company that operates the STR i.e. branding.If you do not qualify or for some other reason do not want or cannot qualify for conventional financing, you will likely have to go to some sort of DSCR or other business purpose loan route, and they will actually require you to put it into an LLC.

No Loans.