Besides, there are no cap rates on residential real estate- you refi based on comps, not NOI. 

As a real estate agent based in New York, specifically on Long Island, I'm eager to hear from anyone who has experience with BRRRR properties in this area or has valuable tips to share.

All of the above, and they will look at your personal debt to income ratio and likely need tax returns whereas hard money doesn't need that. 

I'd love to touch base off line perhaps meet for coffee out in Jtree 

He's based in the UK so he's not local to the markets he works in so you really need to vet their entire leadership and staff who manage the execution, not just the owner.

It's just too risky to have that much high cost debt at one time.

Hi Vishal, I'm based on Los Angeles and know some MTR/STR owners in Riverside county.

They will make him wish he had never been born :-)https://www.wikihow.com/Report-Employers-Who-Hire-Illegal-Im...Also, based on a recent thread regarding how pretty much anyone with a pulse and eyeballs can be a contractor in PA, I would bet there is no agency to report said contractor to with any teeth to suspend their said toilet paper license. 

He's based out of Boiling Springs, but lives in Greenville.https://www.benmasoninsurance.com/

@Jesse Edwards, I was just thinking, based on your original post, you should be talking with the building department to understand if there are any nuances in your jurisdiction.