Refinancing a Home Run BRRRR

[Robert Shelton]

Used search function and can't find my exact scenario so just thought I would jump in with what I hope will be a "value add" to the forum.  I recently bought a Historic District duplex (separate buildings) 2/2 and 1/2 Bank Repo.  Bought premarket from bank because my realtor had been pestering the bank for a while so they gave her first shot.  We knew it was a grand slam immediately and closed in 14 days all cash 65K.

Fast forward to today we are 3/4 done with reno no surprises and have gone mid to high end with most of the finishes will have around 45k in reno no hard money. A comp/flip just sold for 250k 2 blocks away (this is our primary comp for property I hope (-: ). So I think we might be able to refinance $175,000 at 70% LTV taking around 60K cash. So finally to my question... I want to know what % are buy and hold investors taking out at closing on similar, successful, BRRRR properties? I want to ensure positive cash flow but also want to maximize my ability to purchase and reno more cash properties. Is there a magic number to ensure long term success? Using BP's BRRRR calculator I still cash flow $181 a month so $90 per door in this scenario. Any suggestions for success in the long haul would be greatly appreciated.

[Robert Shelton]

Also wonder if there is anything to be said about how cheap money is right now. Where else am I going to get $$ at around 4% for 30 years?