If you renovate and then decide you want to hold and not flip, you can go back to the same lender or another and discuss a refinance.

We are thinking cash out refinance is not a great option because we refinanced both SFH's when the rates dropped real low to 3% and 2.75% so we would be going way up on the rates to pull out that cash.

I lived basically rent free through college until my home equity grew large enough to try to refinance.

I lived basically rent free through college until my home equity grew large enough to try to refinance.

Current market value of home: 150,000Current principal balance: 100,000 Are we losing some equity by doing a Cash-Out refinance vs just selling the home?

How do I cash-out refinance a mobile home I just bought?

We do it for our clients all the time.But an OOS investor should be careful as there are so many ways they can get taken advantage of:1) Buying the wrong property, wrong location, etc2) Being overcharged because there's no transparency on actual costs and budget3) Shoddy work because no pics/video are supplied4) Crappy tenants are placed that destroy the rennovationsNone of the above are discovered until an owner goes to refinance the property or sell it.What should an investor do to protect themselves?

If I am in the middle of a brrrr and spend 15k on 2 new boilers and 2 new heaters how much will I be able to recoup in the refinance ( estimated)?

I've also spoken with a few lenders recently that say conventional refinances are taking longer at the moment so you need to consider that as well.2) whats the opportunity cost going to be if you go all cash? 

Do we continue paying her mortgage or refinance the property?