Cons - you have to wait a few months depending on the seasoning period to do the cash out refi.

I would regularly update your photos to reflect seasonal changes or recent upgrades, ensuring they are high-quality and well-lit.

I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.

Quote from @Roberto Benoza: Season's greetings everybody!

If you use a DSCR rental loan it could be as low as 3-6 months of time seasoning required so it depends on what product you're using to accomplish the mission/goal.The time frame isnt a legal requirement, its a financing product specific requirement as a guideline to obtaining the money in which you seek.If you had other scenario related questions feel free to mention them below or via DM.

Setting MTR leases to end in May or early June gives you time to prep for the summer season.

I'm a seasoned finance profeesional with over 7 years working in Corp Dev & IR roles in Argentina.

I am new to RE and would like to hear from seasoned members who have either been in this shoe or who are well versed with this situation. 

The benefit of working with DSCR lenders is that those lenders generally have shorter seasoning periods to use for doing a cash out on the new appraised value- such as three or six months.

Quote from @Kevin Hilton: I am looking to acquire my 4th rental property, but I would like some advice from all of the seasoned investors in this forum.