Property Address, 2, Property Purchase Price, FICO Score, # of Rentals currently owned, Property Annual Taxes and Insurance, (IF a refinance, estimated value and purchase date), and if you own a primary or not. 5.

Go to another lender that is lending and refinance your free and clear property.

Also, if you increase the rent each year, does this mean you can get a higher cash refinance?

You then refinance it for $500k and pull $100k in cash.

My current plan is to get a construction loan for 125-150k, and once it's constructed do a cash out refinance to pay for it.

Repeat this strategy every couple years.If you really don't want to buy a primary residence and instead you want to buy an investment property then I would recommend a new build in Casa Grande for under $300k, this will require a 25% down payment and buying the rate down a little to break even on cash flow, but will be a very easy first rental property as it will be brand new and will not require any cap ex for many years and by the time it does require cap ex you will have raised the rent and gained enough equity to do a cash out refinance.

What I did: Purchase a duplex -> force equity with repairs -> increase rent to make more cashflow -> refinance based on the increased value and lower my payments Basically a BRRRR except as a primary residence there wasn't all that much cash put in so I only got $7k back out. 

Cash out refinances of existing properties might be a great option depending on how those parameters look within your portfolio.

Amby,You could either Quit Claim it, like @Remington Lyman suggested, or refinance if you are in a position to (don't have a 2020 rate and have some equity in it). 

Some lenders will work with any level of investor experience, credit scores as low as 660 and can close in as little as 10 days (there are loan options for 640-660 credit scores- they require 20% down).Another good thing is interest only and 6-24 month loan terms- you can refinance by selling or refinancing to a long term DSCR rental property loan at any time once you complete the rehab.