Otherwise, you will need to do a no ratio DSCR loan, which will allow you to purchase or refinance at 75% LTV however the rate will be pretty high. 

I'd compare the blended rate with how much you could get with a refinance otherwise and tell you whether it's a better idea to go with a full refinance or the HELOC route.Feel free to PM me if you don't want to share this information on the public forum.

If you are looking to expand to other properties in the future, that option of a cash-out refinance or HELOC on your appreciating asset is always there. 

Goal is to refinance (hopefully rates are down in a year), and rinse and repeat.

I'd rather do a cash out refinance take out a little bit more money and use it as a down payment for another property. 

You did mentioned you do not have active income so the other option would be doing a cash out refinance to get money out using a Debt Service Rental Ratio loan.

Given the low LTVs and the significant appreciation your properties have experienced over the years, a cash-out refinance could be a viable strategy for you.Here are a few reasons why this approach might make sense:1.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Good Afternoon, I am approaching my loan seasoning timeframe and I'm getting ready to Refinance and get a lower rate using the IRRRL.

I'm looking to refinance right now with a IRRRL so that I have the option to not owner occupy in the future.