Quote from @Jose Mejia: Good afternoon,My name is Jose Mejia and I am looking to find a lender that is able to do a cash out refinance for a property that I invested in with my brother through a hard moneylender.

Everyone's favorite answer in real estate---"it depends".That being said, you have to start somewhere to figure that out.

There are risks too, when buying condemned and burned-out houses because you may not be able to control the environment where these properties exist.

(Where Footloose was filmed!). 

We are a military family currently stationed in Boston where we currently invest.

That's why I started looking out of state.

Do I rip the bandaid off and get Ethan Allen or Bassett?

I wouldn't recommend an ADU and take that money and invest it where you can pull capital out faster. you can do much better.

@Andrew Self lack of two years of employment history is not a deal breaker depending on what you were doing prior to starting your salary job.

My clients can "force appreciate" the value of the property by doing a quality rehab for a lower than market cost because they are very good at spotting "diamonds in the rough".