It depends on what type of property you're trying to acquire

Can explore a trust too, but depending on number of properties you have and size of this one, might not be the most cost-efficient solution. 

Rates are heavily dependent on FICO, LTV, Term, loan size, and other variables. 

The long answer to your question depends on a lot of factors, such as:What does the original purchase contract (which I assume is from the seller to you) state?

In terms of your question - sell or refinance - it depends on your LT RE goals, plans and priorities.

I think the answer to your question depends on your goals, what other debt you have, etc. 

@Alex Young Depending on what the contract says, talk to an attorney in your state and ask them about sending a notice to the Seller saying their in default and you intend to sue them for specific performance to go through with the deal.

A very large part of successful BRRRR depends on getting the most money out of your properties.

Performance is really going to depend on tenant placement and management, but you could say that about any neighborhood in any city. 

Thanks, I was thinking that too, but I'm assuming it will depend on the Appraiser and how he does his appraisals.