But if you are just buying a home that you will keep as is...that's something that just about all of us do pretty easily.Feel free to reach out directly if you want to talk it through some. 

You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids. 

If you ever want to chat or need advice, feel free to reach out.

Most people are refinancing a BRRR because they are in short term debt (like 12 month hard money used for purchase +rehab financing) or own the property free and clear (they bought all cash) and would get a higher return on equity by leveraging the property and reinvesting the cash out proceeds of the loan to scale the portfolio. 

You get to live in a property you own for free or almost free, while learning the ropes of being a landlord and you get very very favorable financing, where you don’t have to worry about finding private lenders or getting into any complicated or exotic investment strategies on your first deal.

I know it’s not a super helpful comment for your end goal but my wife and I are looking for a second rental in Virginia Beach if you were interested in freeing up some funds for your Pittsburgh expansion.

We deliver our properties free of both (noted as such in the lease) and then contractually make the tenant liable for prevention/termination. 

@Zach Howard feel free to add me on whatsapp

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Move on to finding a credible/chaos-free tenant.