It sounds like a good strategy to me, as long as I'm patient enough to save up cash for that first property (assuming I'm not interested in private/hard money), and I'd have the advantage of being able to offer cash on purchases.My question is: is there a limit to the number of properties you can have refinanced or have a heloc (or equity loan) against?

If the intent is to keep the property as a rental, then the loan would be refinanced to a long term when renovations complete and tenant in place.

@Andrew Postell@Brian GarrettI haven't thought about that specifically, mostly about refinancing it.

Refinancing is going to be your easiest and quickest option, assuming you can appraise at the right level to have 20% equity.

Instead of refinancing our properties at the moment will we get HELOC’s for a sense of security and able to pull the trigger on a great deal.

The other very real option you have and one that will circumvent any future looming bubble is that you could consider refinancing.

Hi Bigger Pockets Members,Great news I just refinanced out of my first BRRR as @Brandon likes to call it (Buy,Rehab,Rent, Refinance,Repeat ).

Can anyone recommend lenders who count income from house hacking in the their DTI calculations for refinancing the primary residence it happens in?

I also understand that banks might be more willing to deal at the end of the quarter or year - the fewer properties on their books, the better for their balance sheet. end of quarter is a real thing I bought a big mansion that a NBA player had gotten 3.4 done  on a disposition from wells fargo .but it had to be off the books by a date certain so we had about 6 business days to close it.. we paid 1.7 million in cash for it. then refinanced it after we owned it and pulled out another million to finish it.. turned out to be my best rehab ever sold it first day on the market for 5 million :)  I had 2 other partners.. so its was a nice pay day.. but that all happened because wells wanted it off their balance sheet or default list by end of a certain quarter..

And 2) I have heard there are challenges to refinancing with a bank under an LLC?