My question is "for anyone with this particular experience" Is it a far fetched idea to do a cash out refi on house "A" to payoff some personal debt and large payment on house "B" to knock down the principal?

@Tom Stevensonyes, when I BRRRR I typically use my own cash for the down payment, and a hard money loan for the balance. 

In short, I want to learn about how to draft my strategy for my region for value ad investments and find team members that I can trust and depend on. 

If not I don't like this as the payment will sky rocket after the 0% intro period.2.

Do not trust their sales pitch. 

I feel like it's more likely I would just have a lower taxable income, but still have to pay mostly the full 29k, which would make the monthly payment closer to $200. 

If you're not in a hurry and/or don't trust the lender at this point, it might not be a bad idea to check out other options.

We have created an investment plan for them to buy shares of a property, against what we put down for an initial down payment, so it accelerates there returns.

.- get into real estate with a lower rate and lesser percentage down payment.

Horse stable in the middle of LA, 20 acres 1/2 swamp next to major airport in Florida, church with 6 acres in the middle of town, contact bank Trust departments and let them know you want to buy.