Waiting on one of our properties to close this quarter, currently looking for short term business lending so we can take care of employees payrolls while we wait for the property to close. Open to any replies.

Hi !
I have a question…
Can you refinance Short Term property and get the Cash out?
Bought it as a long term rental then converted to STR….
My lender said it’s impossible and I’m stuck for a long game….
Thank you...

Investment Info:

Other buy & hold investment.

Purchase price: $450,000

Cash invested: $60,000

AirBnB in the Smoky Mountains

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Investment Info:

Condo other investment.

Purchase price: $126,000

Cash invested: $14,410

Sale price: $185,000

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