I have an option to do a cash-out refi for a penfed 10 year balloon (3.875% interest, 30 year amortization) or a 30 yr fixed with a mortgage broker(4.75% interest) for my BRRR method strategy for a SFR rental.

Any suggestions on other methods, please let me know!

I've heard this can be great as you don't have to deal with as much paperwork when closing on a home that is being bought outright with a HELOC (This is my understanding, I have not used this method).

HOW TO PROPERLY STRUCTURE BUYING A HOME WITH CASHWith these rules, you can see how it can be confusing to get conventional lending when buying a home with cash but there is absolutely a proper method to structuring your deals when buying cash.

Do you trust people and have you formulated a method that works for you on how to build trust? 

I have an inspection next week, but I have a contingency in my contract that let's me back out if inspection isn't good.Also, I've run the numbers and if I follow the BRRRR method and refinance my capital backout, I'm still cash-flow positive ($136/month) and I now have an infinite ROI and $22k to reinvest.Thoughts?

One of my rules is to require 6 months at their current job because this is the standard probationary period for the major employers in the area.

I would love to get some advice from other investors who have successfully used the brrr  method on multi family that's fully occupied .

I'm a self employed (started an online business) living in El Paso, Texas recently moved from the U.K.

Most investors would benefit by creating a contract template, custom tailored to their particular method of business with the assistance of a real estate attorney.