Once the property is rehabbed, you can refinance into a DSCR loan with no seasoning requirements.I'll let some of the traditional mortgage brokers chime in, but traditional financing might require a 12-month waiting period to pull your cash back out.

Given your expertise as a contractor, you might find an investor willing to fund the rehab in exchange for a profit share or interest on the loan.Cash-Out Refinance:If you own other investment properties, consider a cash-out refinance to pull equity from those properties to fund the rehab.I work for Aslan Home Lending and we have a HUGE variety of loan products, including the ones mentioned above.

I considered private money for purchase and rehab and refinance at a later time.

Can I refinance into a DSCR loan just the 83K and keep the owner finance loan on the side?

My intention was to refinance and fully renovate a duplex that was appraised at $740K. 

Most properties have gained considerable value since their acquisition or refinance.

This means you would need to refinance the current house into a conventional loan before you can get another FHA loan.

You may want to try a local hard money lender for these property types and a local bank for the refinance. 

I really need help refining these ideas into something that is workable, and of course none of this is workable if we can't get a DSCR loan, which she's worried about.Between dealing with the symptoms of the stroke, trying to apply for workers comp and medical retirement, worrying about her sick time running out, and worrying about how she's going to replace her income she really can't deal with this, and I'm pretty stressed too.

Hi,I’ve done a few hard money deals and I’ve been trying to cash out refinance a rental that’s just about finished.