@Tim HermanCant refinance if I cash flow?

@Jose Grimaldo To start out, I did a cash out refinance on a house I owned, then used owner occupied financing to get the 2nd and 3rd properties.

Build equity in the home and refinance to conventional loan.

I've been advised on bigger pockets to use a HELOC as opposed to a cash out refinance (if i should cash out refinance when is it best?).

Why not refinance?

Hopefully because of this the seller will be up for financing until we can add a kitchen and refinance.

It's a personal choice, but I'd do the same thing if I was in your shoes.Another option to consider is doing a cash-out refinance, keep it as a rental, and use those proceeds to BRRRR with.

I am interested in using the VA Streamline Refinance (IRRRL) and renting out our current property, then reusing my VA benefit for the second, owner occupied home we may build that is closer to work.

I owe $79,000 on my mortgage, at 6.5 apr. should I refinance and pull money out or refinance for a lower apr. or better suggestion.

If you were to refinance, then yes you would have to intend to live in the house another year.