I was thinking about pulling 100-150k out of my house (currently owe 150k but worth 600k) to buy something to rent.

Opex has been a huge hit to most property owners in all shapes and forms, myself included, but to know to keep your back wide enough to cover your own you'll be able to navigate these waters just fine. 

Remember, it is not Bigger Pocket's job to vett all of the claims on Bigger Pockets.

Welcome to BP Jared and good luck wholesaling!

Bringing uneven cash flows back to present values to cover debt service and ROI can get to be a complicated issue.

Those buying to mitigate year end taxes for the 80% bonus depreciation.3.

The last thing you want to do is to buy a sub-optimal asset or location where your initial equity down payment evaporates and goes away. 

Thats fine as long as your Debt to Income (DTI) supports it.

You would just approach any lender and ask to refinance.

It had some value add components to it so there was plenty of meat on the bone.