Then I'd be able to refinance later on and increase the equity?

Part with the cash for 2 years and then refinance once you meet the lenders criteria?

In 2010, you would either have to pay off the balance of the loan, refinance with the existing lender, or refinance with a new lender. 

Once you fund the opportunity, the only thing you need to do is sit back, relax, and collect payments in the form of quarterly or monthly cash flow distributions and lump-sum payouts at refinance and disposition.

Do I have to wait for the value of my second rental to increase 20% so I have enough equity to cash out refinance and reinvest? 

Our goal now is to look at non-monster house 5+ units that we can raise revenue/decrease expenses and take advantage of cap rate when we refinance.

Makes sense and aligns with what I've been told by a CPA/EPA I'm going to potentially use moving forward.Let me ask you guys this:I can BRRRR this house and put around $30k cash in my pocket on the refinance (as long as appraisal comes back normal which we all know how that can go.)

I have been DIY fixing the entire place and want to do a cash out refinance in the first quarter of the new year, however I have ran out of Capital to complete the project.

Purchase price: $275,000 Sale price: $465,000 Was able to refinance the condo I previously purchased (using the BRRRR method), in the same building, and do a private deal with an owner down the hall from my unit.

I need help determining whether it is a good or bad idea to bring in an investor.Note: current rental cash flows 200 dollars per month after accounting for expenses and our houses projected cash flow is 200 per month if se don’t refinance.