The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.

I'm originally from the area and have been starting to look at some properties there as I am living in New Jersey.

Paid 77% of the original list price on this new construction home.

The main house is original (this place was built in 1924, very cool) and we rent it for $1,650/month.

My name is Cesar and I am originally from Puerto Rico but have been living in Virginia for over 20 years.

Originally posted by @Roy N.

Alternatively, I could explore loan recasting, where the lender recalculates my monthly payment based on the reduced principal, keeping the original loan term intact.

If this is the case, would the original seller financing have to mention that the buyer (me) can re-sell the property at any time? 

Assume that i got margin with IBKR their calculation shows 5.4% and costs 21.8k per year for 400k.So assuming property is 700k with conventional loan and 670k with cash offer.I manage to find another 270k (this is what I'm asking) without paying any origination fees.

Like @Tom Wong I'm originally from Honolulu, and have been in Japan since '97.