Next thing Jumping into Duplex, Triplex, Quadruplex and LEARN as I go.Is a bit confusing still about the refinancing process as I was under the impression you either refinance or cash out.

She isn't pulling any money out by refinancing but has easily been able to save money by only paying a small portion of her mortgage which will pay for another 3.5% down payment on house 2.

Most lenders won't consider refinancing a property unless you have at least 20% equity in the property though.

If I was take a mortgage loan and use that money to buy a new home, will I qualify to get a new loan to repeat the cycle and keep investing again? How deeply would it effect your debt to income ratio?

How would someone who is unable to get conventional financing through a banking institute go about getting a project (BRRRR) refinanced?

I refinanced my home with intentions of purchasing another, but, I am wondering if while the economy is still goodish (i.e. no recession yet), I should try to pull the trigger on developing my own lot.

For a BRRRR, you would be refinancing at some point for a higher amount to reflect the forced appreciation through rehab.

However if you put 10% down, PMI can drop after 11 years into the loan without refinancing.

I only look for very high percent ROI deals but I utilize seller financing, creative leverage, refinancing, investors, etc.

If the numbers work at 15 or 20 years and  on commercial interest rates, there are small local banks that offer the option of buying property on a construction loan (where the bank funds purchase and repairs), based on a subject-to appraisal, requires only 30 days of "seasoning", and will allow you to pull your down payment cash back out when refinancing, assuming you will still be below the bank's max LTV.