How do you determine proposed rent price before you even get what the refinanced mortgage payment will be?

It's what he does.The advantage I saw with my 3 commercial loans (on commercial property)  was I couldn't stand reporting my financials to them every year to such a high degree that I paid them off or refinanced them with fixed rate private money from a hands-off acquaintance. 

I will give you some examples of what I have negotiated on current holdings and also am in discussions with a much larger project that includes a national lender.Local community bank refinanced December and then again in June both 7 year fixed money. 

Hey everyone,A few of my partners and I are looking at buying duplexes with cash in the Cleveland area, fixing them up, renting them out, and refinancing them in 6 months. 

It sounds like you are thinking of refinancing but i see no reason for you to do so. 

With that, I did cash to purchase then refinanced with a hard money lender.

Ask other investors in your area who they use for lending.The key to the BRRRR strategy is buying at a low enough price, factoring in realistic rehab budget, refinancing at 75% ARV to give you a spread to cash out and roll into the next purchase. 

I hear there are some banks that do 90% refinancing for VA loans.

I refinanced with a local bank from a 20/5 4.9% to a 25/7, 5.25%, it not common but it's out there, just takes some looking.   

Altogether, the project is going to cost around $75-80k.I plan on refinancing and renting the property after rehab for somewhere around $1,500-1,800 a month.