The cash-out refi necessarily means thousands of dollars in additional expenses - likely setting you back further than you went forward in mortgage pay down during the same time period if refinancing in 1-2 years - but hopefully earning more equity in the meantime (fingers crossed).  

We encourage the investors that we work with to only look at houses that are 1-3 months from completion.  

One company is called the BNB Model and the other is called Golden Sky Housing.

Purchase price: $300,000 Cash invested: $65,000 Sale price: $455,000 This house needed a full renovation to compete in the challenging Austin, TX housing market.

The first a fix & flip so you can get the rehab done and then after 90 days ownership we can refinance based on the new value of the house into a DSCR loan. 

I have purchased a set of 4 properties in Salem NJ and need to refinance them all to pay off private money lenders.

The tenant has been a problem from the beginning, such as behind in rent for a year, buys a brand-new Jeep, lies about ex-husbands job, child support, court cases, etc...Now, the house needs a new deck, so I went up to inspect it.

We have a property manager, a low maintenance seeming tenant, and a house that's in pretty good shape. 

The tenants have a new home building nearby and the house is supposed to be closed in September.

Before thinking of going for the 3rd one, which would be great if it goes as well as these two,  I need to fix my own house (personal) .