What financing strategy to utilize to acquire properties?

[Rick L.]

In the past I utilized an FHA loan to purchase my first investment property which is a 4-family I also live in. My most recent acquisitions have both been duplexes that I acquired using a HELOC and funding minor/moderate rehabs to update the duplexes making them rent ready. I then performed cash-out refinances to pay off the HELOC loans and lock the properties into a low fixed rate mortgage.

The difficulty was, in my own personal experience, doing cash-out refinances is more expensive and the rates are much higher than conventional financing.  So, I'm wondering if there is another strategy to utilize moving forward to acquire a property that may need moderate rehabilitation using financing???

[Joe Fairless]

@Rick L.I've used a Master Lease to acquire a large apt community that needed some work. I recommend looking at that as well.