I'm curious though, what strategies are people using to mitigate risks associated with some of the different financing options (HELOC's, refinancing, etc)? 

Refinancing is costly and 3% rates are no more as you know.I put a HELOC on my house. 

I’m looking for advise on my first buy. I’m going through fund and grow for my funds at the moment. With this I’ll be able to use cash and possibly get a better deal. My question is, since I only have 12 months to pay...

I love the HELOC strategy, but you should be buying with the intention of refinancing to completely pay off the HELOC in no more than a year.

I had it rehabbed, rented and refinanced into a long term loan within just over 3.5 months.

Louis/Southern Illinois area that will help with BRRRR refinancing for an LLC.  

I planned on steering clear of the single family route, but planned on house hacking as soon as I graduated with a 3-4 family using the BRRRR strategy, and I'd like to repeat that for at least a few years, using FHA loans and refinancing at the end of each year to get a few cash flowing properties under my belt.

You'll get a little chunk eaten up in refinancing fees, and such as well. 

Hi BP communites, I think I going to refinancing my home equity to take out roughly 500k for 30 year loAN and buy property for passive income.

For the first few years, I barely covered the mortgage with rent, but now I get $2400/month (and recently refinanced to a $1,791 mortgage payment) which is better than it used to be.