My goals are to get more rentals so if it was me I would buy for low down, add value, refinance out my money and go buy more properties.

What I am specifically asking is if I have a 30 year loan amortization with a 5 year loan on a 2m+ property, do I have to refinance to another lender at the end of the 5 year term?

Is it possible to refinance and go back to a 30 years loan so it will cash flow better?  

I bet if you buy multiple, either company would give you a small break on them.

I’ve just got done with a refinance of a 3 unit that I was able to pull out $65k from after purchasing in May.

I have some of my goals listed on my profile, if you'd like to see them.I'm still working on finding really great deals... and ideally I'd like to use direct mail marketing to find amazing deals that I can BRRR (Buy, Rehab, Rent, Refinance) and have little to no of my own cash left in.

I wanted to add a 2nd form for getting additional property details like Danny Johnson mentioned in episode #144 but its not possible in this format.Shawn and Grant - I appreciate the advice on getting started with direct mailers - I really like the idea of a cheap postcard for the first mailing while I refine my list!

I bet you'll be able to connect with someone willing to do a JV (joint venture) with you or at least offer "softer" hard money to get you going!

I can definitely get those numbers on the coast here, but it would definitely be a push to get that in a non-coastal city.Cash out financing: I would talk to a lender about how easy it is to do a cash out refinance.

I just did a 15 year commercial cash out refinance @ 76% LTV with a 4.25% interest rate.