Example:Let's say you get the low end of your ARV of $230,000Then you Refinance based on 75% LTV = $172,500We'll use an 4% APR/30 mortgage your monthly payments would be $824Rental income is $1,500Expenses are $750 (50% rule)NOI = $750$750 - $824 = - $74 Cash Flow Even if your expenses do not add up to 50% you might still be working with slim margins.Did you include Holding and Closing costs in your BRRRR analysis?

@Eli EttingerI wouldn't refinance or heloc as that woukd only cut down already slim cash flow.

So far it has been slim pickings for loans but I like the challenge!!!!!

To slim of margins 

It does seem like the margin is very slim if any.

If you are dropping 40 to 50% down the odds of you walking away are very slim and the lender has low chances of a loss.

Now the chances of some of these are slim but they do happen even to the best of those on here.

If you buy a property for $250K and can only rent it for $1,800/month, the likelihood that you will see positive cash flow if slim and you will be banking on appreciation.Vacancy Rates and Time on Market.

My issue with continuing to flip is that here in the Hudson Valley the pickings are very slim and the initial purchase price of the flips is so inflated that it makes it hard to find good deals.

They don't have a website and their Facebook page looks slim.