As well as Joshua Dorkins from Denver, Colorado with the guidelines for the intro.My name is Alejandro Condis Reyes Alias “NONO”.I am originally from Cuba, but I am currently living in Palm Beach Gardens, Florida.I have a dual license as a Massage Therapist as well as Physical Therapist Assistant and I am currently working on both professions.About three years ago a friend of mine introduced me to the book “Cash Flow” from Robert Kiyosaki, and after I finished reading it, I knew that I have to do fundamental changes in my life; otherwise, I would not be able to achieve my goals.

Say the go for a refi, and get 70-75% of the ARV, now you're getting $140-150,000 back out, which you'll use to pay off the original Hard Money Loan.I'm making this scenario look pretty, tight, and nice for the sake of ease, but that's the gist.There are points, fees, interest payments, etc along the way.But regardless of where you live, whether you own a home, or even have a job, if you can come to the table with a good deal, that fits the lenders numbers/expectations, and you have the financial capacity to do the loan, the loan you will do...

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Unfortunately the Hud was not ready for review the night before the closing and I messed up by not checking it over very well at the closing table. 

You don't sit down at the big table unless you can ante up.

The alternative is finding a partner who can bring experience to the table, but it sounds like everyone is having trouble finding great deals these days. 

So that means, if I want to BRRR this property and get *all* of the cash/hard money/private money/HELOC money that I put in to buy and fix it, then I should not spend more than a total of $120,000.If I don't mind leaving some money on the table, then I could go over $120,000, but the true idea of BRRRR is to get all (or more) of your initial money back at refinance time.If you' don't quite follow this just yet, no worries, just keep reading on BP and listening to podcasts!

@James Call I personally have had several “mistake” homes that I actually came to the table at closing just to make it no longer my problem.

Let me known if I’m on track here or if there was anything I left on the table.

Those floors are generally durable, but one flaw is they can be torn easily when moving appliances, or even large tables.