When I was able to buy again I refinanced for 3% and then we ended up selling the property for $800k.

I have since negotiated the down payment down to 15% at the same low interest rate so barring any major storm damage in the next couple of years I should have a good equity position once the light rehab is complete and won’t have an issue refinancing out.

Also I think there is some financial penalty for the mortgage originator if their loan is refinanced before 6 months, but am not certain about that. 

Definitely a consideration when thinking about the reality of refinancing. 

Hi Folks,I am seriously struggling to find any lenders that will cash-out refinance a mixed use property. The property has two leases to business and the upstairs is a short-term rental on AirBnb.I have $250K in equit...

As for refinancing or rental loans, you can use DSCR financing which does not look at your income.

Say property owned by “property company” gets purchased by “business LLC” for the new value, which would be a new depreciation amount about 3x higher When refinancing a commercial building that is being rented out, the valuation will typically be based on the Net Operating Income (NOI) of the property.

Conventional financing, buying with cash then refinancing after rehab, partnering if needed, heck even using hard money might be preferable here rather than taking on the additional risk of using subto, without much benefit because of that high rate... 

A property purchased today might be able to be refinanced in a couple years for a rate reduction and corresponding reduction in expenses. 2.

or what documents will borrowers need to submit to the loan officer for refinancing?