We have another deal coming up that we are under contract for and it leaves me thinking of whether we should sell this or refinance and rent as originally intended.About us: We our located 30 minutes from this property in NJ.

I do a ton of BRRRRs in my market so I refinance into DSCR loans which are slightly higher interest rate but it is solely based on the performance of the property. 

If I can refinance most of my money out in 5 years or less that's a huge win in my book.

Versus buying now, and when rates drop, you refinance.

To access the $90K, a cash-out refinance is likely your best option.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

You also have strong positive cashflow every month and want to move on to the next project.Personally, I think you are better off keeping the house and doing a cash-out refinance to get the money for the next project rather than selling the house.

Bryan,Are you talking about a Bridge loan where you can take out cash like a refinance until the home sells? 

Rheis,As a banker I struggle to see why most people will choose a Heloc over a cash out refinance.