Maybe offer to pay a portion of the balance contingent on completing the work or signing a waiver to avoid the lien.

To get this amount through a cash-out refinance at 80% LTV, the home value must be at least $453,800 after one year.Based on your report your ARV right after reno is $425,000Add a 8% home appreciation for one year $34,000Estimated Home Value After 1 Year:$459,000Assuming a refinance after 12 months with a property value of $459,000: New Home Value (Post-Appreciation): $459,000 New Mortgage Amount (80% LTV): $367,200 Existing Debt Balance after 12 months: -$360,000 (because you have been paying interest only) Assuming Bank fees on New Mortgage: - $200 Cash Pulled Out: $7,001, allowing you to recover to pay only 7k on your initial investment of $29,790, leaving $ $22,789 in the deal.Many new investors mistakenly believe the BRRRR strategy ends after the cash-out.

Focus on a market that has a good balance of cashflow and appreciation (some markets have great cash flow but very little appreciation or vice versa). 

Home values typically fall between $150K–$200K, which provides a solid balance of affordability and appreciation potential.

Now to be fair and balanced like fox news I have met folks at these events that paid the 30k  during evening break and a glass of wine i would ask them what brought you here..

Quote from @Elliot Angus: I recently came across an interesting opportunity and thought I’d share the details.Mortgage Details:Outstanding Balance: $70,000Fixed Interest Rate: 3.75%Monthly Payment (PITI): $950Loan Maturity: May 2045The property’s current market value is around $225,000, leaving significant equity on the table.Tenant-Buyer Situation:The property is currently occupied by Rent to Own tenants.

Additional Details:The property is in a desirable area with good amenities nearby.STR data from AirDNA shows decent revenue potential, but the lack of comps makes me hesitant.I’m looking for a balanced approach that minimizes risk, even if STR performance doesn’t hit expectations.If anyone has experience investing in Cincinnati or navigating markets where STR data is sparse, I’d love to hear your thoughts.

Balancing rental income, appreciation potential, and location can provide a primary home and a long-term investment portfolio.Good luck!

Also, what's the current balance on your mortgage?

I have about 150k equity in my home and have $215k balance on my mortgage.