I got title in late Oct or early Nov and had it refinanced in Dec.  

Refinancing would likely result in a much higher interest rate, significantly reducing your cash flow.

Is this possible for a cash out refinance or rate term on 2 investment properties on the same loan that need to be refinanced and separated, or is this a unicorn by a rainbow sitting next to a pot of gold?

Currently, I do not have any property under contract or any property that can be refinanced.

I am thinking about using hard money to fund my new build but once completed refinancing thru a traditional bank to get a longer loan and a more favorable rate.

My 2nd property is currently being renovated and am looking at the same -- or better -- once rented and refinanced. 

The interest rates are competitive across the board, it's not going to come down to that for most buyers.National Bank: This is the 'standard,' the 'baseline,' what most people do. 5 year prepayment penalty is slightly unfortunate, as many pontificators say rates will be dropping "soon," and it may make refinancing a little more painful.

Hello everybody,Quick question for everybody. Can you purchase a property with a Hard Money loan and then refinance into a different type of loan to have a lower interest rate?Thank you for your time,Andrew

@Kelvin HeNo it will not as you are responsible for the debt.If you refinanced into a DSCR with no recourse or another type of non recourse loan then you could remove them from your dti

If it was 2021, maybe even the middle of 2022, I wouldn't even ask this question as I would expect the results to heavily favor refinancing your primary into a rental property, taking the funds from your equity growth, and reinvesting the capital into the next property.I have heard many homeowners/landlords recently leaning toward selling their primary residence and moving the capital into something more passive.