-ARV - 500k-Purchase Price - 400k (needs full renovation set 50k) - Down Payment - 20%-1st Hard Money Loan - 250k interest only 3 year term -2nd - Hard Money Loan - 70k interest only (interest accrues to earlier of end of term/sale/refinance) -Rate TBD but assume around 10%Investor would get a discount on ARV and be cash flow positive during the holding period.

For some people this is OK since they will get use, future appreciation and a likely refinance in a few years. 

Even if your refinance into a DSCR to pay off one of the existing loans, there's a 99.9% probability that you will have to PG the new loan.

I've worked a few of these lately where we use Conventional at first and then a VA refinance later, after the veteran relocates.

If it was me, once you've repaired it and rented it out, refinance or HELCO the building. 

However, the LLC will not be liable for VA loan mortgage payments.Also remember, any given loan provider DOESN'T CARE about your asset protection, the loan provider only cares about protecting its interest on the payments due.Essentially, a refinance will allow ownership and loan program conversions.Loan transfer restrictions on VA loans do exist, so tread lightly. 

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Key features we’re looking for include:1.User-Friendly Interface: Easy to set up and use, as we want to minimize the learning curve.2.Automation: Capabilities for drip campaigns, automated follow-ups, and segmentation based on investor interests and engagement.3.Analytics and Reporting: Detailed insights into email open rates, click-through rates, and overall engagement to help us refine our approach.4.Cost-Effective: We’re a growing business, so we’re mindful of costs, but we’re willing to invest in a tool that offers great value.What has worked well for you?

We built a home a while ago and are wanting to get it appraised for a cash-out refinance.

Samantha Reeves,Sorry to bug you again with another questionJust wanted to quickly ask you please, how a Refinance ( Cash-Out ) works when you have a VA Loan , in that ......