I don’t know your exact situation, but in your shoes I might pursue the refinance option first and then equity buyout second.

You can do a cash out refinance an pull the cash out of any of your properties. 

Let me know if you’d like help running specific numbers or refining your negotiation strategy.AI answers can be helpful sometimes, but they miss some really important concepts.

.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.

This means no DTI, personal income verification, or tax returns are required.They’re also becoming a powerful tool for BRRRR investors during the refinance stage.

Refinances, it is more obvious as there will be modifications to the property that are evident on the appraisal.

Many hard money lenders will offer the best terms once you get 5 "completions" or "exits" from hard money loans (sell the property or refinance out). 

My thought is to BRRRR it and refinance, and they get their cut of the equity (which I assume would be split 2:1:1).

The goal of a HELOC is a quick line of credit to either refinance or sell and pay back the HELOC as soon as possible.PS - I would recommend taking a look into the Columbus Ohio market, there's tons of 1% rule deals still within the 120-180k price point with amazing appreciation potential.

depends on your credit if you can get a mortgage or your ability to find good deals that you use hard money for and then refinance into DSRC.