Also, did you loan the money to him personally or to an entity he controls?

@Estefania Lozano Hi, by reading throught the comments and looking at the situation, and keep in mind this is my point of view, you need to have her go, give her the 300 back, it is nothing compared to the headaches and bills that will pile up such as, pest control, turn over on the adjacent properties, legal fees, evictions, I can go on.

@Jacques Edouard Dessejour LapierreYou can’t control buyers asking price.  

You need to get control of the property before they go see it.

I'd say that is a personal question but I would not do a cash out refi where the fees make up more than 10% of my cash out amount, UNLESS, you need that cash immediately for a new deal where you will make substantially more money than the money lost, or you are also reducing you APR to a point where the interest saved will make up the fees over time.Also I just did a cash out for 50K where the bank I worked with had a low income neighborhood special and closing costs were only $500 bucks (lender fees, and title fees) so might want to shop around and see if you have any local banks that do something similar.

They threw up enough red flags for us with empty promises and misinformation that the deal fell through and we lost the 6K. 

As COVID has impacted office and retail leases there is a new tenant now to help replace these lost revenues.

https://www.soundmultifamily.com/blog/thoughts-housing-shortage/There are multiple reasons why we havent been building enough in Washington... increased regulation is the one that could be controlled the most but isnt (about 25% of a builders budget is just getting thru the red tape).

If you have forced hot air, that’s enough to run the furnace controls and blower.

Purchase price: $21,500 Cash invested: $90,000 This was a BRRRR investment that went sideways, and although my partner and I lost some money in that we did not get back all of our money, I would not classify this as a failure at all.