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

For example, State Farm typically requires the latest inspection report for underwriting on multi-family properties that are over 30 years old.

Typically, it’s reasonable to deduct for things like deep cleaning if the place was left pretty dirty.

We typically see FICO scores in the 560-620 range for Class C, below 560 for Class D.Recommend only looking at convictions & evictions in the last 2-3 years, ignore older ones.Focus on the last 2 years of employment via YTD paystub and 2024 & 2023 W-2's.

You'll typically need to set up your account and get familiar with the process of working with the local housing authority.

Seems like you're in a good spot with lots of options.

Otherwise, I recommend option two, using a personal loan.

Additionally, how many calls does it typically take you to successfully close a deal using this approach?

As you get to this point your gaining more confidence in the options because you know option A and B had a certain outcome that wasn't option C, and this would give you more confidence you're doing the right thing for you.From there, I would be identifying properties to acquire if you don't already have some in mind and then my next sheet is creating the plan.

**Cash-Out Refinance/HELOC:** Another option to avoid paying capital gains taxes is to not sell the house at all.