As I understand it, the Refinance step is to pull out capital from my rental house, which has no mortgage, to build capital to use for my next property purchase, correct?  What kind of a loan is that?  Is the range of...

The title is the main question. But, is it because the market in an unknown state of prices of whether homes are going to be foreclosed on or not? Or is it because the banks have changed their requirements for cash-ou...

@Alex R., that's not a newbie Q brother; the only way I know about this is from being in a lot of inspections where this has been explained (every.single.time, hah).All of the issue centers around this:  CSST is a flexible metal pipe. . . and metal tends to conduct electricity. 

Would this method of paying tax would pass a Local Authority and/or IRS audit?

And the added R of the refinance allows you to access tax free cash to continue to invest in an accelerated fashion. 

@Kirk R.

I’ve done a kind of extended BRRRR method by refinancing it twice in that time to extract equity and buy other properties.

Hello BP, I'm new to real estate investing and was hoping to get some clarification on the BRRRR method, specifically the Refinance part.

10) If I do a traditional closing r motivated seller & cash buyer in the same room ?

Only the gain greater than the recapture income is reported on the installment method.