I have enough capitol to buy the property cash, however that would mean me losing out on the fantastic BRRRR strategy and tying up money that I could put into future investments. 2 questions:Is there a version of BRRRR where I could self-finance the buying and renovating, then somehow refinance my money back out of it? 

If you're looking for stuff to renovate, you should be looking for 15-30k range per unit (upper limit reserved for very large apartments with very good bones, off street parking etc.)Joe

I mainly focus on additions and renovations because the market in NJ calls for it right now.

@Justine ScheuherI would recommend that since you have little knowledge of what renovations cost, I would first network to see if you can find another RE investor willing to partner with you that knows the costs. 

Also helps that we fully renovated the interiors while also fixing any exterior issues with the property so realistically it should be low on maintenance costs. 

If I am buying a higher cap rate on a shorter term lease and the option has a large rent jump to the tenant then I could have negotiating power with the tenant getting a lease extension.If it's way under market I might want them out anyways.

I would budget for a decent amount of interior and exterior renovations.

It took 7 business days (9 calendar days).Just to follow up (give credit where credit is due), the latest withdrawal (a much larger amount, the proceeds of the sale I recently mentioned) just took 3 business days.

I have just completed my first Fix & Hold single family rental (BRRR strategy) and closed on my second property, which I will renovate this fall and sell. 

Cooper ) is one of the larger servicers to use these type of platforms.