We overcome all challenges and ended up with an appraisal valued of $459,000 when we did re-finance for better term/interest rate.

If they have money sitting in the bank it won't be earning anywhere near close to that, and betting on you as opposed to throwing that money in the stock market would likely prove to be less risky.

Hi All,I am trying to get a cash-out refinance on a single property I bought with cash.

I made a bet and predicted SFR median at 294k, and 17.6% year over year.

That capital used for rehab will be recouped in the refinance part.

So when you refinance, you get a loan for about 70% of the value of the property to do new deals?

Your best bet is going to be getting yourself out there and making cold calls.

Hello BP Memebers,Looking for a good lender recommendation for doing a cashout refinance in Arizona for a rental property (Single Family Home). 

I am going to use only Facebook and Instagram and based on the performance of the different ad placements refine my strategy.

Purchase price : $80KMajor Rehab: $ 40k - $50 k (depending exit strategy)ARV: 170K-175KRent : $1600/month Neighborhood: ZIP 77062Median rent: $1800great school district ( 7/10),median home value $175k , average home value $219k. owner occupied 69% renter occupied 27%. median income $ 88k, average $ 117k. population growth 0.9%/YR crime: safer neighborhood (per trulia)Exit strategy: BRRR strategy: potentially 5k-7k profit after refinance, cash flow $100/month (including PITI, capex, maintenance budget and property management).