@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.

No - but I'd say about 90% of my borrowers/investors utilize an LLC for what it's worth. 

Use caution when borrowing against your stock portfolio, especially if it's a high volatility portfolio comprised of individual companies.

Do these borrowers have ITIN's at least?

DSCR loans underwrite to the income of the property, and do not require your personal income, taxes, debt-to-income ratio, etc.Of the 1,100+ loans that our team closed last year, I want to say that only 1% to 2% of those were closed in a borrower's personal name.So, it is pretty irregular for us to process an investment property loan under a personal name.Clients usually opt for closing in their personal name if they simply do not have an LLC established yet. 

The Act specifically prohibits lenders from enforcing the due-on-sale clause when a residential property of less than five units is transferred into a revocable trust where the borrower is a beneficiary.2. 

If I remember correctly, there is a provision for properties with Fannie and Freddie loans to be moved to single-member LLCs after 12 months of seasoning if the only member of the LLC is the owner/borrower on the loan. 

I've received apps in the past where this was the exact situation only for the borrower to not qualify and be stuck. 

It would be a good idea to assess your tolerance to risk and then plan something like that, but using a heloc is going to be around 9-11% in this market so to pay something off with lower interest rate to borrow more might not make much sense.

I had this exact conversation with a borrower just a few hours ago, and it surprised us both.