The goal is to complete renovation within 6 months in between guests and then refinance in the next 1-2yrs to pay off the seller in full!

Haha I bet there's been some crazy stuff out there but the one's I'll put up will definitely of better quality and insulated.

we need our own forum for this concept. I'd argue that there are very select zip codes where this strategy works. You need to find a zip code where land values are 10% of less of after built value. You have to find a ...

Then, after I had experience and several wins, people were willing to partner with me on deals, or lend to me in second position for a short period of time to help with the down payment and with repairs and then I would pay them back when I would refinance.

What was the interest rate and when you went to refinance what rate were they offering?

Hey Patrick, You can easily do a 1st mortgage refinance or 2nd HELOAN DSCR Cash out while keeping title to your property held in an S-Corp.

Quote from @Daniel Hartz: How would you refinance an investment property in Texas?

Big players like Ford, GM, and even tech companies are betting on Detroit.

What you describe sounds a little like a BRRRR (Buy Rehab Rent Refinance Repeat). 

Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle,  so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?