@Dustin Mellor  applies to every one private a company or whatever.although there is a carve out you can do a few a year and no more than 3 on the books at anyone time. but double check those numbers its close to that and you cannot advertise.. or hold your self out as a lender. if you do you will get a Nasty gram right quick  LOL

I would like to spend no more than 60k total.

The smaller, the better, test the waters at 10%, try to settle around 15%-20%, no more than 25% though.

I hope you understand for the BRRRR strategy to be truly successful (100% Cash out refinance) your all-in costs (purchase price, Rehab costs, Closing and Holding costs) must add up to no more than 70% of the projected ARV/Market Value (bank appraisal).  

The president left the bank and now guess what, no more loans.Life is about who you know and not what you know. 

I used to buy 30 minutes away from my house, now I focus on areas no more than 15 minutes from where I live and work.

If the seller has no more problems(loss of motivation) for you solve SOMETIMES it's best to agree to disagree.  

They are a great source of information and help.For your BRRRR Refinance planning purposes you need to try and keep your all-in costs (Purchase price, Rehab costs, Closing and Holding costs) to no more than 70% of your ARV.  

You would have wanted to get into that one for no more than about $35K as a rehab.

The top price for a wholesaler will be no more than $160,000