Given the low LTVs and the significant appreciation your properties have experienced over the years, a cash-out refinance could be a viable strategy for you.Here are a few reasons why this approach might make sense:1.

Their approach resembles the BRRRR method.For example, we have a 3-bedroom, 2-bathroom home in fair condition (requiring less than $20K in cosmetic repairs) that has been on the market since August 2024.

I have been around this wholesaling mid west flipping stuff for 20 years now and have only been approach for EM a very few times.

From there, you can better transition into a DIY approach

You're in an incredible area for long term rentals and vacation rentals.

Honestly, this approach doesn't seem like a very effective practice, which may explain why it wasn’t working.

Luckily we are very close so we are very open to creatives approaches to maximizing this.

I recently ordered a survey on the two lots I own, and realized that I may be approaching this the wrong way. 

While attempting to rent out a newly purchased five bedroom property, my property manager was approached by a Sober Living company looking to rent out our property.

Two completely different loans that require different underwriting approaches.