Below are some quick tips about cash out refi vs HELOC/LOCCash out Pros-tax free money-low interest rate-fixed monthly payments unless you choose a variable productCash out Cons-closing costs (couple thousand)HELOC/LOC Pros-tax free -its a line of credit, hence you can use pay back then use again-usually NO closing costs on residential Helocs; there will be closing costs on commericial LOCs-commericial LOC is very fast moving as far as getting funding and refinancing  (Makes it easy to rinse and repeat)HELOC/LOC Cons-higher interest rate-variable rates-monthly payments depend on amount borrowedHope this helps,CB

When that happens, I'm assuming that the property will need to be refinanced so that my SDIRA is not the note holder of the property..

My main question is, once the property is rehabbed and rented, what's the best way of getting it refinanced and what kind of loan/rates would I be looking at?

We then are refinancing on commercial paper through a regional bank.  

BRRRR can be refinanced at any time.4) Flips are much much more risky if the market crashes.

Just trying to understand it all..I've heard of people refinancing, and using that money to pay them a salary to live on eventually.

Hello all, I recently bought a house in the US, cash.Anyone know how can I get funding through refinancing this property?

Hi All,I was hoping I could find out what the current rules are on this from any mortgage lenders or brokers: If I buy a house with lended private money when can I refinance into a lower interest loan and cash out the...

@Ronald PerichI agree that buying cash, forcing equity, and refinancing might be a good strategy (BRRR).  

Here's where I'm stumped and scratching my head...why would anyone go through the trouble of purchasing a deal like this from the wholesaler and go through the long repairs, headaches of refinancing, etc... in this market when you could easily put out a little bit more and buy it straight off the MLS.