Now that we've forced appreciation, following a seasoning period to simply have the management stabilized and see what the general flow of business is like, we'll look to refinance and pull our cash back out. 

I'm curious what everyone's thoughts are on interest rates for the short term future (6-12 months).It looks like the fed is getting more aggressive with there narrative on tapering and raising interest rates.I'm planning on refinancing to pull equity out and to re-consolidate debt.Do you guys see rates going up in the next half year and see a benefit to refinance now?

So it wasn't a vacation home but now that you want to refinance it, it is?

I used it for purchase and rehab then secured long term cash out refinance to get all my money out.

Be careful of taking excess proceeds from a cash out refinance.

You have the ability to stretch out that momentum by doing a cash out refinance on the property.

You may find a community bank or credit union willing to do 85% but buying with 20% down only to refinance and pay all of the same fees again for 5% value isn't worth it in my mind.

I have some equity in it and I'm going to  cash out refinance.

BRRRR... repair the SF home, get it rented and refinance.

The goal is to refinance in 6 months to pull out all the money needed to pay back the hard money loan and interest with still using no money out of pocket.