This allows you to refinance your mortgage, take out a new loan, and pull out the equity as cash.

Also, check out this article for more details: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

This approach allows you to manage the property closely, benefit from homeowner loan terms, and potentially increase its value with improvements before renting it out.As you transition the townhouse to a rental, ensure the rent covers all expenses and provides a profit.

Keep in mind this year bonus depreciation is 60%.

My team specializes in these and has found some great opportunities.Hope this helps!

What made you interested in investing in this type of deal?

Or is there a more efficient method to do this?

I imagine this has something to do with taxation, so I would advise a CPA. 

How is this calculated?

We not offer this at 10%.