I have done a cashout refinance on an investment to get money for more investing.

For example, hard money loans can help you get started, but be sure you have a solid exit strategy like a bank refinance or sale once the rehab is done.Feel free to reach out anytime you need help with financing or have any questions!

Of course we will do all the inspections and due diligence) Th goal is to fix it up a bit and  cash out refinance it.

This can lead to a more productive conversation and help you refine your proposal

I would like to refinance but my partner wants to continue buying property out of pocket.

Lastly if you move out in a year because living in a multi wasn't working for your family but your worried about being over leveraged you can always pay down the loan then if conventional or refinance the loan if FHA to get the pmi off. 

@Maura WinklerI own a property in Las Terrenas, I paid cash using cash-out refinance in US. 

Thanks very much.You can take some of the equity out via a HELOC to do the repairs, but it's not like you can refinance when complete and do a small BRRRR.

You have to refinance your first home and do FHA on your second one.

In fact most new BRRRR investors prioritize whether they can receive 100% of their capital back through a refinance over all other deal metrics and being laser focused on that particular objective often leads to investing in the lowest tier neighborhood where it is easier to complete the BRRRR process.