I own a mobile home investment property on its own land and its outright paid for and im looking for lenders that will let me cash out refinance it.

Cash-out handling.Since the refinance proceeds stayed with LLC #1, that’s essentially a return of capital or intercompany loan from LLC #2 to LLC #1.

That’s a good move if you want to scale without triggering taxes.If you cash-out refinance, you won’t pay tax on the money you pull out because loan proceeds aren’t taxable.

Don’t terminate the next deal based solely on one low appraisal.Instead, look at your actual spread:Your all-in basis: $180K loan + ~$35K rehab = ~$215KAppraisal: $282KThat’s still solid equity, even if annoying on the cash-out side.Bottom line:Yes, the number feels low and based on your rents and renovations, there’s a strong argument for a higher valuation.

The best move depends on whether you want to keep your current home as a rental or cash out and reset clean with the next one.If you want to keep it, a cash-out refinance usually makes the most sense.

I am striking out finding a lender in NC who will refinance manufactured homes that are investment properties. 

Seeing a lot of people "Try this" but realize they are right around 75% LTV and really cannot pull out what they want as they are cash flowing negative and caught in the abyss.

A cash-out refinance could be a good option to tap into that equity, and the interest on the loan could be tax-deductible, which can lower your taxable income.

My question to the community: How did you fund your next acquisition when your cash was temporarily tied up in a BRRRR and you were waiting on the refinance?

Or if you cash out refinance your condo, you are essentially moving that debt to a 30 year fixed option which I think is your best move.