The unlock of that money is massive as people mentioned above.

Many landlords I know are using refinances as a way to unlock equity from properties without selling them.That cash-out refinance then funds:- Acquiring another rental- Renovations to boost rents- Paying down higher-interest debtFor those of you with established portfolios:- Have refinances helped you scale, or do you prefer to keep equity in place?

I'm looking at two different lending options.Regardless of which option I choose, my plan is to refinance by Year 5 of owning the property to: a) get rid of PMI if appreciation is good and LTV < 80%, and b) cash-out equity to purchase a second house hacking property.Assumptions: All in cost: $506,500 (purchase price + rehab costs + closing costs)FHA 203k already accounts for ARV, no natural appreciation, value is flat with LTV at Year 5 between 88-90% 30 year Fixed Rate Mortgage 6.5% APR and 3.5% down, P&I of $3,0915/1 Adjustable Rate Mortgage 6.0% APR and 3.5% down, P&I of $2,932That's an additional ~$150 in monthly cash flow during the first 60 months of owning the property prior to refinancing if I go with the ARM route. 

And then a traditional purchase to help them unlock their equity before they lose their house. we’ve been helping homeowners for years and the tax delinquent space and most of the time we don’t even end up buying their house.

What are the most effective ways to unlock this equity?

Has anyone here refinanced existing rentals using DSCR to unlock equity and grow faster?

It can help you unlock equity and pay off your private or hard money lender without needing to show strong personal income.

Quote from @Ashish Acharya: @Allende Hernandez Great question and it’s one that comes up a lot with new landlords who want to make the most of their tax benefits.To clarify: putting a property into an LLC does not, by itself, create new tax deductions or unlock passive losses.

Building relationships with brokers is the secret handshake that unlocks the door to profitable deals.

Refinancing has been a key move for many landlords looking to expand.
Cash-out refis can free up capital for new acquisitions while rate-term refis improve monthly cash flow.
Have you refinanced lately, and if so, d...