♻️ Investor Cash-Out Refinance (BRRRR)
Your rental has equity. Let’s turn it into the down payment on the next one.
Buy, rehab, rent, refinance, repeat. The refinance is where the strategy either works or stalls, and it hinges on three things: the new appraised value, the rent, and how long you’ve owned it. DSCR cash-out lets the property qualify on its own rent; conventional cash-out uses your income. Tiaira maps the timing so you’re not waiting a day longer than the guidelines actually require.
Is this you?
Cash-out refinance tend to fit…
- BRRRR investors who bought with cash or a short-term loan
- Landlords sitting on equity they’d rather deploy than admire
- Investors consolidating a hard-money or private loan into long-term financing
- Owners who want to move a property into an LLC with a fresh DSCR loan
- Anyone building a portfolio without saving a new down payment every time
Questions investors actually ask
Cash-out refinance: straight answers
How soon after buying can I do a cash-out refinance on a rental?
It varies by program. Many DSCR and conventional programs require about six months of ownership before a cash-out refinance based on the new appraised value. If you bought with cash, some programs offer a delayed-financing exception that can shorten the wait. Tiaira will check the seasoning rule that applies to your specific loan.
How much equity can I take out?
Investment cash-out refinances are typically capped around 70–75% loan-to-value, sometimes lower on 2–4 units or DSCR loans with thinner ratios. The appraised value, your credit, and the property’s rent all move the number.
Does the new loan have to qualify on the rent?
Only if you choose DSCR. A DSCR cash-out qualifies on the property’s rent covering the new payment; a conventional cash-out qualifies on your personal income. If the rent after rehab is strong, DSCR is usually the simpler path.
What does the appraiser need to see?
A finished property. Rehab in progress hurts value and can stall the loan. Have receipts and a before/after summary ready — it helps the appraiser understand the improvements, especially in markets with limited comps.
Can I refinance from my personal name into an LLC?
On DSCR loans, yes — the new loan can close with the LLC as the borrower, which is a common way to move a property into an entity. Tiaira will coordinate with your title company and attorney on the deed.
Keep exploring
Conventional investor loans
The agency route: full income docs, often a lower rate than DSCR, and up to 10 financed properties.
Learn more →House hacking
Live in one unit, rent the rest. Low down payment because it’s your home — and the rent helps you qualify.
Learn more →DSCR Loans
Qualify on the property’s rent instead of your tax returns. The investor loan this whole site is built around.
Learn more →Not sure if cash-out refinance fit your deal?
That’s what Tiaira is for. One text, the realistic options priced side by side, zero pressure.