I can come up with it or negotiate with the seller for that amount, but I do not have a lender in place yet for the refinance

I'm trying to decide between getting a Home-equaty Loan or Refinance a property that I have to raise money to use it in a next investment.

He's finding more properties than I can get qualified to purchase.If you're looking for commercial (5+ units) @Nathan Holsather is a good bet as well.If you're looking for someone who does value-add residential, @Jordan Moorhead is both a rehabber and an agent.

This hocus pocus theory is pushed by refinance companies or gurus that promise to eliminate your loan in seven years.

Commercial mortgages, too.Local lenders, direct non-bank lenders, correspondents, or mortgage brokers (whatever name you want to use), are where you want to go for purchase mortgages and cash out refinances.

Being from NJ, I can try to help you determine the area stats.Also, from personal stand point, as an MFH investor, I don't like to bet on appreciation.

I would cash out refinance at 70 or 65 percent LTV and go buy another one or two properties.

Looking to refinance a rental property, are refi loans always DOS?

Would a HML be my best bet on this property .......... as i may have a better chance for being approved to do most of the repairs , as well as Having the best chance of getting a loan for the property?

The conventional may be my best bet, but I do have my house that I can work with.