So I’m exploring two main options to access the equity:Cash-Out Refinance – Refi into a new loan and extract equity while keeping the new PITI close to what I’m currently paying, to maintain positive cash flow.HELOC – Use a home equity line of credit to access funds for a down payment on another property (not a full purchase), potentially maintaining the current loan.Both strategies would be used to fund a down payment on the next property, ideally one that cash flows well even if I can’t force value immediately.Questions for the group:Has anyone here successfully scaled in a tighter market like Oxford where value-add deals are rare?

If you're taking a portfolio view, where you're determining Expected Loss and probabilities, AI is probably useful in data analysis and extraction for statistical purposes.

I regularly have refinanced my properties to optimize leverage, but if I had not and needed investment funds I could refinance to extract capital for other investments.  

Cap rates can certainly provide insight, but the challenge is ensuring that cap rates extracted from comparable properties are treating expenses similar to that of a property one is comparing them to.

I identify property owners who have recently filed an eviction suit against their tenants, filtering the court data to pick out high-value prospects, as evidenced by:- plaintiff (landlord) is a natural person, not an LLC, corporation, trust, or apartment complex- active (unresolved) case status- large unpaid rent balance- plaintiff's address is an actual physical address, not a P.O. boxDepending on the state and county, I can usually extract this data directly from public data sources, such as online court systems.In addition to names and addresses, often this case data includes landlord phone numbers and sometimes email addresses!

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

extracting appreciation can allow me to ski or vacation.  

I have done well with brrrrs in San Diego, but it is my opinion that the interest rate makes the hold after a refi to extract value bleed cash.  

My guess is that your buyer is going to do exactly this - buy the house from you on terms, rehab it, and then seller finance it to a new buyer on a wrap at a much higher rate, all while getting a downpayment from the new buyer to extract most/all of the rehab cash.