When title transfers, the lender has the right to require that the loan be paid off entirely.

The earlier you start in your RE journey, the better off you will be in the future.

Value add could be as simple as buying a house with 5 acres and lotting off some of the acres.3.  

Cash out refi than Selling: I have a rental property I owe 60k, appraised 220k, I can get 168k cash out and pay off the 60k to have 108k in cash… now if I turn around and sell for 240k.

Your post points at is the benefit of getting deals off market.

@Chuck WardI think what you're saying is, why wouldn't you use a HELOC to pay for a BRRRR - purchase and rehab - and then just use the rent from the BRRRR to pay off the HELOC?

I am 99% confident that the loan was not fully paid off. 

Just looking to see if this is the expectation nowadays or am I way off on having RentRedi handle this for me. 

The best part of investing in the US is the ability to write off the majority (if not all) of your tax liability on rental properties if you have the right strategy. 

So yea getting a couple of those properties off there hands would be ideal.