Leverage Equity WiselyTapping your home equity via a HELOC or cash-out refinance can accelerate your multi-family investments, but you must factor in the debt service to ensure it doesn't kill your cash flow.

I would disagree with number 2 - in this environment, heavy rate buydowns are a common tool in the toolkit for lenders and borrowers to make deals work and are in no way indicative of "not being well-capitalized"That’s a fair point in regards to doing a buy down, we see that quite often but we roll the buy down into the loan so those aren’t paid at closing, thus not costing the borrower funds out of pocket at the time of purchase or refinance. 

You convert your hard money loan and refinance into a conventional loan and get the uptick of your renovation on the home value.

But, over time, I learned from my mistakes, refined my checklist, and built a team that could execute flawlessly.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

You will also have the ability to refinance the new purchase easily with a delayed purchase refinance (You can price these as a rate and term refinance), if you plan on only refinancing the purchase price + cost of improvements. 

(I called the bank, and even though I have a great job and can pay for the current mortgage very well, they require that I refinance to remove him).

While transferring it to an Ohio LLC owned by a Delaware Holding LLC (which is owned by your Irrevocable Trust) is generally allowed, the lender may require you to refinance or repay the loan if they enforce the clause.

Let me know if you need help with financing your next project or future refinances!

Many buyers hang out there.3) Consider cold calling or emailing agents who work with cash buyers or reach out to title companies→ they often have contacts.4) Promote your deals on social media platforms to get more eyes on them.Keep up the momentum and shoot me a message if you need any help refining your strategy!