If you are buying right and can add enough value to refinance and return capital to investors a 10+ year hold can make sense.

Mainly:Annual Depreciation (About $50,000 for 27.5 years)Mortgage paydownAbility to refinance and lower your payment when rates decreaseAbility to use tax deductions for rental property expensesAnd More!...

Thanks again for the suggestions Hi Tyler, You may want to consider a 1 year or 2 Year PPP if the goal is to refinance again.

Refinance loans usually aren’t low interest if money is being pulled out. 

I have an existing rental property that I am trying to move into an LLC.The mortgage company (Washington Trust) is saying "no" and that I would need to refinance. 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

They will allow the time needed for the tenants to finish their lease then allow you to leave the bridge without incurring prepayment penalties when you go to refinance. 

If you can demonstrate that you have completed rehab you can do a cash out refinance with no seasoning required.

All of these would need to be answered and plugged into a blended rate calculator to determine if it makes more sense to cashout refinance or use a HELOC. 

Some would take those, 1007 market rents, or even AirDNA, so knowing which ones is important as you start your refinance(?