Cash-Out Refinance vs.

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.

I want to cash out refinance and close it under our LLC as DSCR mortgage.

@Jordan Kaylor Using a HELOC to purchase a property and then refinancing into a conventional mortgage is technically considered a cash-out refinance.

Just like doubling down on a bet you could lose it all. 

Nothing really appealing to me as an accredited investor. let's refine your approach.Contrarian bet on B class office needs to be 50x equity or something

Have 3 loans to refinance in the next few years and DSCR's are added to the option list.

I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes. 

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