So i could get the wrap closed with my buyer. now I need to get my underlying loan refinanced but I figure I need to do a collateral assignment of my note lien since I don't own the property anymore. does anyone have experience with this or even better know someone (preferably private lender) that can help me do this refi

So that is how they prefer to operate when securing properties. 

Normally I would prefer to go up gradually, but COVID definitely gave me a slightly different perspective. 

The IRS' preferred methodology is "engineering-based" and that is what we provide.

Run the numbers based on it being a rental property - my preference is long term rental with the potential for short term rental being a bonus.

(I prefer cold calling brokers).

@Ryan Cleary No I didn’t want to sink that cash, but also wanted to list as an option to see if anyone thought a payoff was preferable to negative cash flow.

I prefer to work with an agent as I learn the process of BRRRR, so from what I've read on the Homestyle Renovation loan, it looks like a nice option for completely new investors like myself? 

Having a decent background in Excel and databases I prefer a true CRM.

However, I prefer to learn from good experiences and other people mistakes.