They apparently do not have time to verify permits (under what criteria units were added or that the work was even done with a permit).To the OP, I fear your property will consistently appraise low when obtaining HELOC or refinancing and that a re-appraisal will not reflect what you are seeing of homes being appraised with an agreed upon negotiated selling price.I am not saying this is the way it should work. 

Hi Brian, I wouldn't worry too much about refinancing from FHA to Conventional for the sake of buying a house with another FHA loan.

Fully rented and refinanced Lessons learned?

So, if you use the refinanced funds from the higher-value California property to pay off the mortgage on a Texas or Utah rental, the interest on the new loan should still be deductible because the funds are being used for your rental business.

Fully rented and refinanced Lessons learned?

My husband and I acquired a rental property in 2023 with hard money with the intention of rehabbing the home and renting out the 3 units, refinancing and paying back this short term loan.

My credit is still very strong and I would refinance and keep it within an LLC.Would appreciate any insight or help as it has been a very stressful time and I am looking to move quick on refinancing.

When ROE falls below this range, it might be a sign that your property has accumulated too much equity, and you could consider options like cash-out refinancing, selling, or 1031 exchanges to redeploy that equity into higher-yielding investments.During the growth phase, focus on maximizing returns by keeping your ROE within or above this range.

Given most properties appreciated to the point the equity was above both the first and second, he mostly got paid in full when the owner sold or refinanced and made a ton of money off it.

.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.