As long as the core components of your credit score remain healthy, you can refinance until your face falls off without killing your score.The core components are on-time payments, credit-to-debt ratio, and available credit.

@Brian Stutzman I have been looking into A HELOC for an investment prop and have read that Discover has a pretty competitive product.

This is the most critical component of the entire process.

By obtaining the zoning change, with the combination of the location being in the Chicago TOD district, the unit count was increased from 2 to 5, and total new rentable sqft of 6000 sqft, with zero commercial component.

I discovered it about 15 months ago when we couldn't help a (yet another!)

I also think it is powerful to recall when you mention buy and hold to not forget the second component, holding.  

We typically buy with other lenders and not so great terms and then refinance through these guys once we have stabilized the property with generally a value add component.

I also discovered the BP podcast by reading The Rental Property Investing book. 

I then discovered how quickly you can build wealth with investment real estate.I did a lot of things wrong and continue to make mistakes everyday.

We reserve the right to make exceptions and we reserve the right to not approve you if you meet these requirements due to other factors discovered in the evaluation process.Toledo: We are looking for 525 min credit score, 3x income, no evictions, no bankruptcy within 5 years, 3x income, limited criminal/collection accounts.