Strategies to Re-fi a turnkey rental?
Since my turnkey rental was already rehabbed, I can't just fix it up and improve the appraised value quickly. So what's the strategy for how/when to refi a turnkey rental to get some cash out of the equity? Can I take a HELOC ? Or cash-out refi? Are there rules? I have a conventional 30year fixed mortgage on the property, purchased a few months ago. Looking ahead for my next move. Thanks all!