I considered listing as 'for sale by owner' to save on commissions, and even put up Rent2Own signs which did get a lot of interest in the first weekend.However, after looking at the refinance term sheet from that weekend, I decided to just cut my losses short and sell.

It appears as though they'll leave about $150k "in the deal" as equity after the refinance. - The interest rate on the hard money (14%) seems about right.

When you refinance you can pay them back with what was agreed on. 

Any info, insight, or personal experiences in regard to hard money lenders and/or rehabbing before refinance would be greatly appreciated. 

Hey guys,So I just finished rehabbing my first house and I intend to refinance it into a DSCR loan since I want to have the loan under an LLC.However my lender wants me to use a Property Manager when I would like to refinance.

You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Then you can refinance. 

I considered listing as 'for sale by owner' to save on commissions, and even put up Rent2Own signs which did get a lot of interest in the first weekend.However, after looking at the refinance term sheet from that weekend, I decided to just cut my losses short and sell.

Since it already cash flows, that could ease that burden for you.For funds, I'm not sure what your existing rate and terms are but you could always try a cash out refinance to fund the next property.

A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.