I was hoping someone can help me understand the process of BRRRing using a hard money lender for acquisition and then refinancing after renovation and renting. 

I was hoping someone can help me understand the process of BRRRing using a hard money lender for acquisition and then refinancing after renovation and renting.

and then he is using a 1031 exchange to buy another single family rental, while saving (Deferring) a lot of money in taxes.  

Since you are using a loan, I will not provide a property for you.

In this case you would be using a short term loan so once you refi or sell the subject property the person who funded the deal would be completely out of the picture.

@Ramon Almonte unlikely you are using the correct numbers as you are just using a percentage.

Purchase price: $65,000 Cash invested: $29,970 Contributors: Randy Charboneau 1 of 3 properties purchased out of a 1031 Exchange package from another investor, using a 40% down payment from my solo 401(k) and a non-recourse loan from First National Bank of America brokered by Mark Robbins (Lending Resources Group).

Purchase price: $75,000 Cash invested: $33,970 Contributors: Randy Charboneau 1 of 3 properties purchased out of a 1031 Exchange package, using a 40% down payment from my solo 401(k) and a non-recourse loan from First National Bank of America brokered by Mark Robbins (Lending Resources Group).

What I like about the deal is that I am using a very experienced friend who wholesales and has a property manager, bank, etc. in place to make the entire process very turnkey.

Hey Steve, The most common way to avoid taxes is using a 1031 Exchange and purchase a property shortly thereafter selling a rental.