@Jacob Sampson, have you had any luck moving forward with this? 

Thanks for posting this. 

There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷‍♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.

This is generally true throughout all 49 states... and California.

I'd recommend getting tenants into the property before refinancing regardless though.

Jumping into land deals can be exciting, but it's definitely a different animal from rentals.

Suffolk, VA has a 4% population growth for the past 3 years What made you interested in investing in this type of deal?

It's highly unlikely that you'll find something like this, and if you do, the max loan is likely to be no more than the value of the land minus any demo costs.

This was an on market deal.

I joined BP after you posted this.