Might be a little bit confused here, but from what it sounds like you were involved in purchasing the property, renovating it and then selling it?

The seller was Steve Yoak from Yoak enterprises who bought the house and renovated it. 

Quote from @Raj Vardhan: Hello,I am new to the entire refi process and looking for some direction here:I purchased a foreclosed property 2 months ago using hard money and close to finishing the renovation.

Just waiting to close now and then I’ll get started on a renovation.

Either way, it sounds like significant renovation will be required.

Based on the local market, $15k for renovations seems light—have you had contractors confirm this budget? 

@Shiloh Lundahl Understood, but I wouldn't refer to buying and renovating $250k SFH's with hard money financing unconventional real estate investing.

For further background, I’m looking to purchase a spot around 750K, but want to seller finance 100-200k of the price to reduce the need for a large down payment / keep myself liquid for renovation costs. 

I’m still renovating one of them. 

Given your focus on equity and scaling for future development, targeting properties where you can force appreciation through value add renovations seems like a natural fit.