In the mid 2000s I did a few buy-renovate-refinance deals where i cashed-out after the renovation was done, rolling the repair costs in to mortgage.   However last year I tried to do a cash out refinance on an investment property to buy out my partner/father and had a hard time finding someone to do the deal.  I ended up using a commercial lender/loan which added a lot to the costs.

Is anyone doing cash-out-refinances on multifamily?   Property is $579K.  I expect to put $80-100K.  I would expect the new value to be 800K-900K.   I would be okay with the HELOC as well but don't know if anyone offers that.