Last one was a big STR that I bought, refinancing houses I’d held for some time to get the down payment.

I refinanced the construction loan into a blanket loan and operate it like a 4 unit multi-family and achieved more favorable valuations being appraised as 4 separate condo units.

Sadly, it’s sat on the market too long and I’m looking to get creative with bringing the attention of many buyers looking for a good deal on a property (online auction or something else with tons of attention??)

Does anyone have any personal experience when it comes to refinancing their properties?

Check out other online guides available here: https://www.biggerpockets.com/guides3.

Becca,   glad to help.How did this guy find you in the first place or was there something on line that you saw and responded to..

So if you buy and rent out a retail center or an apartment building or increase the existing income the property is going to be worth more and can be refinanced easier.

It’s typically worth considering if it should be rented out and refinanced instead!

we are refinancing 3 properties and Did some research.long term after 6 month of owing the property  cash-out condos only upto 75% loan to valueSF properties 80% loan to valueRental market is strong for the next 3 years so don't worry to get the income...Do it BRR is the game changer

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