So if you are anticipating higher rents and therefore higher income next year you may want to wait till then if you are trying to maximize the amount of the cash out refi.

Buy your next property with all cash, fix it up with cash, and then do a cash-out refinance afterward.

I want to cash out refinance and close it under our LLC as DSCR mortgage.

A cash out refi should take 2-3 weeks with most lenders, and you should have only an appraisal a credit report fee as upfront costs. 

I have a number of lenders that I work with that will do up to 80% on a cash out refinance.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

Dumb question, but is this called a cash-out refi?  

Quote from @Paige Corsello: Hi Bobby, the majority of my business is in Pittsburgh, PA and Florida Paige I can go 80% cash out in PA In FL I can go 75% cash out and 80% rate and term

Just wanted to mention that the cash out refinance funds are not tax free forever.

Cost of Borrowing: Compare the interest rates and fees associated with a HELOC or cash-out refinance to the hard money loans you’ve been using.