The return of member capital could be coming from any number of sources: a strategic refinance, significantly increased cash flows, release of escrow monies, new construction coming online, strong appreciation/compressed cap rates, opening of an Amazon Prime Warehouse next door, etc Each deal has its own uniqueness.Does that clarify things at all?

Just be careful to properly comp your ARV for refinance purposes - it can be tricky to pick the right comps without knowing the city.Good luck!

Purchase price: $60,000 Cash invested: $18,000 Tampa, FL 2/1 728 SqFt AQUISITION Purchase Price: $60,000Purchase Loan: $48,000Down Payment: $12,000Fees: $6,000Rehab: $25,979.41Total Loan: $73,979.41Cash Invested: $18,000PROJECT COST: $91,979.41Rent: $1095 / Month REFINANCE ARV: $160,000Loan Amount: $112,000 70%LTVDebt Payoff ($73,979.41)Gross Cash Out: $38,021Fees, Taxs, Insuranance: ($14,367)3 Months PITI: ($2,791)Net Cash Out $20,863.00$0 In, $1963 profit, $48,000 equity, $155/month Cashflow.

Hi Everyone,After countless of hours of research, video, biggerPocket podcast I bought my first home a year ago with the idea of refinancing to tap into equity to buy a second investment home (with the goal of renting second home)Some numbers:Current Home:Loan $240,000 @2.875% CONV (Purchased in 2020 for $310,000) Monthly payment ~$1.4kEstimated Value as Today $436,000I'm looking to take advantage of the equity to use as down payment for 2nd home, I looked at refinance rate today and ran some number with 80% LTV and they seemed higher than my current rate.

I tried to help her refinance and take some of cash out, but I have too many student loans which will raise the mortgage dramatically.

My 15 year mortgage puts this deal in a tough positionMy options as I currently see it are-  Rent as is and realize negative cashflow-  Refinance to 30 year loan, (4 ish interest rate) but lower monthly payment-  Sell house and look for other investments-  Pay off mortgage balance to own property free and clearAdvice on how to proceed?

A few issues that have come up recently in my world is that several of my clients went to refinance and had to transfer the property out of the LLC into their personal name.

What if I wanted to do a cash-out refinance?

Could I do a cash-out refinance on just my portion of the property?

So essentially the REFINANCE savings is $5....that's it.I would recommend two things:Reach out to your current lender about removing the PMI.