No Chilling in their plans or pulling up on the gas.  

Might be a way to get some cash quicker or maybe get a buyer for the land quicker if you can show them they could pull 1k an acre by having someone come clear cut the parcel after they buy it.The local population seems very limiting too.

The goal is to pull the 60k worth of equity out and free up my FHA & DTI so I can rinse and repeat. 

They've recently introduced a program called "pre REO" which gives them a strategy to help pull investment capital from these assets which are waiting for foreclosure and exit so that they can recover some of the investment capital from the assets to meet redemption and capitalization requirements for the fund.

Can be a good strategy, but my understanding is BRRRR is generally dependent on refinancing and pulling back that cash invested to repeat the next one

This would be VA loan with 0% down so I might try to pull the trigger here on it soon.

I say somewhat because it is like pulling teeth when you need to use it.We also do direct bookings and other platforms where we do our own ID verification. 

Especially in the "investor" areas, buyers are being more disciplined and we are able to pull some levers to get decent deals done for the buyer. 

If you purchased this property with conventional financing, then as already mentioned 12 months is needed to pull cash out. 

If you refi at 80% of $575k value then you can pull out about $460k.