What is the process like for refinancing a hard money loan into a conventional loan? 

.- Financing and Refinancing: With new builds, you typically can refinance once the construction is complete and tenants are in place.

The money you receive from refinancing isn’t taxed as income, since it’s considered a loan, making it a very tax-efficient strategy.

You should verify this with official HUD documentation or through a HUD-approved lender.Term Until 2051:The mention of the loan term extending to 2051 or until the property is sold or refinanced suggests these could be loans with a long-term structure or special conditions.

Using a HELOC is great for buying rehabs cash and then refinancing, but when buying something turnkey I would go the conventional route. 

If anyone has referrals or knows of reliable channels (like Google or specific websites) for finding licensed contractors in the High Point/Jamestown/Greensboro area, I would really appreciate your input.Also, any helpful tips and experiences related to construction, dealing with appraisals, titles, and refinancing would be incredibly valuable.

I kept that mindset too long into the higher rate environment and have recently shifted my perspective especially on refinances and here is why:1) To frame this, it is important to first consider the total cost of refinancing. 

My wife and I refinanced our primary residence mortgage

Finding the right property, coordinating with reliable contractors, securing quality tenants, and refinancing effectively are all key steps.

.- a cash offer could be extended to obtain a discount at purchase that could be refinanced after purchase- a high cash flow low appreciating market with historical appreciation below the appreciation rate can benefit from the increased cash flow of 0% LTV versus the little benefit (in this case) of the increased return that could result from leverage.The reality is that many cash purchases are not unleveraged for long.