Refinance out of private money with BRRRR or buy & hold strategy?

[Nick Burns]

What strategy are most people using in a BRRRR or buy and hold strategy for refinance? I suppose if you can qualify for a conventional mortgage that would be best; however many people don't qualify for conventional mortgages with the new rules and regulations. Additionally, once you reach the max of 5 or 10 financed properties based on your state regulations then conventional mortgages are out of the question, what are people doing? ARM with balloon payment? I'm interested to hear what others are doing and what is working for them.

Thanks!