I’m trying to do a BRRRR, but the numbers don’t make as much sense when refi at 80% LTV.

Thank you very much Lynn, it makes a lot of sense.

They understand that it would have to be at a discount to the amount owed and would need to make sense for me.There is roughly $360K in unpaid principle @4.00% and 311 monthly payments remaining. 

Again, new at this, so I hope this all makes sense!

I should look at house hacking as a way to reduce my living expensesAll of that makes sense to me but in my personal situation, I live with my parents for free.

Something does not make sense, you say above setttlemtn to occur on Sept 27 but in your inital comment you say settlement is in 2 weeks.

Makes no mathematical sense.  

It's probably worth doing a cost/benefit analysis to see what makes the most sense to do in this case but I don't think buying rentals while renting is necessarily bad. 

I like to follow this framework when investing 1) Does it make business sense (Do the numbers make sense.

I'm not sure how well versed they are in the trust details but it makes sense that it would be due to the step up basis so if there's a way I can approach them to give them a solution to that, that would be great.