I think there is an unsaid rule about accepting like applicants in a 'first come first serve' basis, but this only for applicants which are exactly similar and it really is just a guideline not really a law or rule.

Can you make improvements to your current home?  

What rules govern my behavior as a borrower/business?

There is no rule set in stone that real estate will always enjoy such a favored tax status.In fact since populism is increasing and most Americans don't receive these benefits, they are at risk more so than in the past.  

You then have remodeled to sell to middle class, but they all started moving to homes, and now you have to get working class, that cannot support your rent payments needed for you to make a profit because of all your improvements or refinance.

I've gotten e-mails correcting my Post, threats to take down my Post if they violated Rules etc.  

. - I could certainly pull up to the 75% LTV limited by the cash out refinance rules.

Rule of thumb: For every bed there will be 3 loads of laundry. 

You will have a better chance of getting your "Cash Out" and greatly improve your Cash on Cash Return.Once you have the property rented you still have cash in the bank to start another purchase if you want (while seasoning the first for the Cash Out Refi).Hope this helps. 

(About an hour north of NYC in the Hudson Valley).In this post, I quickly and efficiently point out some general rules of thumb and some very specific tips on how to achieve a Luxury Kitchen on a smaller budget.