I need to know how to close and extract at closing, use existing equity as a down payment source, use equity as a blanket loan to close on multiple properties?

Hi,I'm trying to extract cash from the house in Cleveland, OH (valued at $330k, if I can get at 75% that would be great).

The Collateralincludes the following property that Borrower now owns or shall acquire or create immediately upon theacquisition or creation thereof: all tangible and intangible personal property, including, but not limited to: (a)inventory, (b) equipment, (c) instruments, including promissory notes (d) chattel paper, including tangiblechattel paper and electronic chattel paper, (e) documents, (f) letter of credit rights, (g) accounts, includinghealth-care insurance receivables and credit card receivables, (h) deposit accounts, (i) commercial tort claims, (j)general intangibles, including payment intangibles and software and (k) as-extracted collateral as such termsmay from time to time be defined in the Uniform Commercial Code.

Tried Mint, YNAB, and other online tools before but nothing beats the flexibility of excel (and I like personal capital for the general view it provides, and the extracts I get of my accounts).

@Devon RollisonGetting the return you indicate is possible as about half of our RE we have extracted all the investment for an infinite return. 

What I would tell you is 1) do not expect to extract all of your initial investment via a BRRRR. 

With our mostly hands off BRRRR, we fail to extract our full investment without getting an assist by market appreciation.  

The ARV would be the key factor of extracting your CAPEX thru refi to boost your CoC or ROE.

I ended up having to leave 20% of my equity in the deal because I had used a hard money/bridge loan on the acquisition and then the local banks wanted me to hold it for a whole year longer in order to give me better terms that allowed for me to extract my money.

Not really a BRRRR because you did not get to extract much of your investment.