You are at a point in the loan where most of your payment goes to principle.

As an accountant I am sure you are aware of Corporate Financing is much different from a mortgage which is what the hard money principles follow.

I attribute much of my success to the principles of how he teaches us to "look" at things, treat people and handle circumstances.  

I owe 280K, I have 35k in principle (FHA loan).  

The numbers: BP: $15,600Rehab cost:$49,000ARV: $110,000 as of right nowMarket rent: $1050The house sits on a 10,000 sq.ft lot that I intend to get te-platted into either 2 lots, or get permission add a mother-in-law's cottage/structure in the back to be rented out separately.Following the BRRR principles, I started inquiring about refinancing the house.

Hey Arthur,With proper screening you can submit an offer sight unseen. 

Compared to the $865 in rent we were paying in rent previously we were still saving money while having others pay down principle.

Don't lose sight of the fact that people often make agreements to purchase redemption rights before the auction.  

You have principle pay dow, tax benefits, etc as mentioned above.  

Why not pay principle only payments using a LOC every couple of months that will lower the principal faster and level of interest you end up paying on the back end?