Do you plan to refinance or have you already refinanced? 

@Greg ScottOh, I see, pull the money out through refinancing where 7% interest rates are less expensive than paying capital gains tax, let the tenants pay it down, then do it again.

-Make sure the contract states:-what you are doing for the "sweat equity"-Options for parties on both selling, equity, refinancing, etc.

House hacking involves refinancing and reinvesting properties, while DSCR loans are based on property income.

It looks like this STR will be eligible for refinancing.

A portion of it to reserve for refinancing and most of it to pay off credit cards and prior debt.

There's also an option for a 7-year term, but it comes with a higher interest rate.I have the flexibility to pay off the loan without penalty, which I plan to do after securing my next deal and cash-out refinancing this triplex.

@Edwin PerezThe BRRRR Strategy involves buying a property below market value, renovating it, renting it, refinancing, and repeating the process.

Refinancing - There's isn't enough information for me to provide specifics...so, I'll address it both ways. 

Like many I refinanced in ‘20 and locked in a 2.8% rate on my current property and I assume it can cash flow around 400-500/month if rented, or 125-140k net on a sale.