Consider a cash-out refinance or a small business loan to fund these repairs and secure the property long-term.

Rentals go fast in the neighborhood (many homes rent out to officers from Millington on 2-3 year tours) and the school district is being refined to build a new middle/high school not far from our home (breaking off from a much larger system).

Refine exit strategies and partner with experienced teams for a mix of flips for capital and multifamily properties for cash flow and long-term growth.Good luck!

From purely a lending perspective, the projections from AirDNA and Rabbu are the only commonly accepted sources for underwriting a short term rental purchase or refinance DSCR loan.

Will refinance to permanent financing soon.

You will also find hard to refinance it (lower interest rate expectations in future) if you are not in the US.

Especially for projects expected to be stabilized within a year that are refinance candidates.

@Sudheer Kumar - we can help here but need to better understand the Refinance out of the loan assumption better.  

I'm planning to refinance my Va Loan to a Convential Loan to free up my Va Loan again to buy a duplex for house hacking.

If I do go the FHA route and live in the property, would I be able to cash out refinance the property after the “seasoning” period and pull out my equity after the rehab and tenants are in place?