I also just refinanced my property w/ BOFA and financing for the upgrades were not even brought up.   

Hey all,I’m a private money lender and a hard money broker and I’m interested in hearing from anyone who’s gone through cash-out refinancing.

If you're house hacking, you could refinance into a conventional loan with as little as 5% down, assuming the property value and your financials qualify at that time.Make sure the terms allow for early refinancing, and keep an eye on interest rates to refinance when it’s advantageous.

Cashed out refinanced and got our initial down payment back.

., converting SRO units to apartments) help with future refinancing?

What would you be refinancing out of?

If I refinanced into a 30 year note, it would allow me to get the rental set on all three of these properties at a place I know they will rent and we will have cash flow of approximately $450-$500 per month together on the three. 

Refinancing condos to pull money out is a nightmare. 

Ten of them have had floating rate debt so there has been a lot of discussion about refinancing in those deals. 

Relationships are invaluable, and, while you can build them from scratch, there's going to be a huge learning curve and likely some expensive lessons.If you're looking to do BRRRR deals you will have the most success paying cash, doing some light renovation, and then refinancing once done.