Investment property financing advice/opportunityI'm in the process of finishing a refinance on my first investment property, and am mostly satisfied with the outcome. I financed the purchase price and rehab costs using a hard money lender. I don't regret taking this route, but it was expensive. I used more of my own capital then I wanted to. I am in the process of refinancing the hard money loan into a conventional mortgage.I am now in a position to purchase another investment property for rehab and rental. I will have enough money for the down payment and the rehab. However, I would like to get as much of my capital back as possible after the rehab is complete. I was thinking of a conventional loan for the purchase, fund the rehab out of my own capital, and subsequently do a cash out refinance to recover my down payment and rehab costs. From a numbers perspective, assuming 75% LTV at the refinance, it seems technically possible. My credit score is about 790.However, I am told that a cash out refinance is difficult to achieve today. Does anyone have any recent experience or advice on recapturing my capital after the rehab?February 27 2013 - Romeoville00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.