**Refinance with Cash-Out Options**: If your property has enough equity, you could consider refinancing with a cash-out option to fund the renovations.

This appreciation allows you to build equity, which you can later tap into by selling the property or refinancing to buy additional assets.Real estate also offers significant tax advantages.

First, tackle high-interest primary residence debt, refinancing if rates improve or using surplus income to pay down the principal faster.

Consulting with an estate attorney who understands real estate investment structures can help ensure that your wishes are carried out efficiently.It sounds like you’re on the right track in terms of growing your portfolio, and refinancing into a DSCR loan under your LLC could be a smart move.

GP is considering refinancing in a couple of years to buy out some of the LP investors; I want to stay in the deal because of the great cash flow.

Paying down your mortgage may reduce the entire term of the loan and save you thousands if you actually hold the property that long without refinancing. 

Basically, lenders want to see that you've owned a property for a few months before refinancing in the event that you just did rehab or just bought a property at a discount.

I refinanced as soon as I was finished with my renovation of my duplex when I used a 203k on it.

Should I proceed with the HELOC and refinancing strategy, or is there a better approach?

Follow steps like planning, financing, hiring contractors, managing property, marketing, refinancing, and working with advisors.