Refinancing/line of credit is probably not going to bring enough capital.

Hey BP folks,So this has been one of the largest concerns in my mind when it comes to refinancing out of the BRRR strategy. 

Once the line was used up he refinanced them into one commercial loan and then restarted the process once the line was paid back?

Hi Bigger pockets friends, I'm looking to refinance a property that is valued at 65k. This is an estimation since an appraisal was not done. I would like to pull out 50k to reinvest but my mortgage banker says they wo...

We were under the impression that the appraiser would actually measure the building as well (we recently had refinanced another property, and that appraiser measured the house), but she didn't.  

Those that do make the effort to go above and beyond very rarely sellWhat has ended up happening is we've had to argue on appraisals during refinancing and also keeping more cash in the deals than initially planned. 

You're refinancing 80% LTV, so you have 20% equity.If you buy a place for $50k with 3.5% down ($1750), do a $30k reno for a total cost of $80k, then refi with an ARV of $100k, you'll have 20% equity and get back the $1750 down payment.

Specifically, does refinancing after a cash sale involve a lender assessing my personal debt to income ratio for approval?

I'm in the middle of refinancing it now, although won't get out a TON of cash, some, but not a life-changing amount. 

I've used Origin Bank and Green Bank and refinanced deals just a few months after buying.