So it sounds like you are in agreement with John that doing a cash out refi is my best option?! 

John

@John Vela-Garcia Hey John, often times you will find that it is cheaper/faster to do a renovation on an existing home as opposed to building a new one.

Is there anyone on here who invests in real estate in Moncton, Saint John, Fredericton etc?

Quote from @John Mason: This helps?

@Tyler Dunkel I agree with what John said.

I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book):  Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”Everything up to this point was clearly explained on how they got to the number, except this $65,000.

@John NA Shoot

If you narrow your focus to creative finance you'll find coaching but what you will learn in time is these deals are VERY hard to close. 

John,He is like all the other snake oil salesman.