This is common among investors who want to act quickly and unlock liquidity from a property after closing.Cash-Out Refinancing & Seasoning Periods: Non-QM programs typically offer more lenient or even zero seasoning periods, meaning you can refinance or pull out cash shortly after buying or rehabbing the property.

Looking at all the cool air bnbs I know it may be tough to succeed.

1014 is pretty cool !

However, it’s important to maintain enough liquidity for unexpected repairs, vacancies, or other expenses across your existing portfolio.If I were in your shoes, I would likely lean towards reinvesting in a way that balances both cash flow and appreciation.

Plus it’s liquid and there is no debt (all assuming, of course, some mega government doesn’t come out and issue a new world Cryptocurency rendering my BTCs valueless!)

We both were approved for a 180-month 5.85% loan, as well as a 7% 30-year fixed mortgage, but we will continue to shop around with the idea that we would just pay off the entire mortgage once our funds become liquid. 

**Interest-Only Options**: Some DSCR loans offer interest-only payment options, which can maximize cash flow in the early years of ownership, making it a great choice for investors focused on maintaining liquidity.5.

If the cash-out refi provides liquidity and good terms, it could be worth taking, but make sure it doesn't interfere with your construction funds.I can help you assess both options and see if we can offer a more favorable solution.

I bought mine because it was cool and cheap, the in garage deliveries were just a bonus. 

Tenant performance decreases as the property Class decreases.Have seen too many out-of-state investors misread the City of Detroit neighborhood markets and liquidate their holdings when their expectations weren't met.