Hills Bank has always been willing to work with us on refinancing after a project. 

We even had our real estate agent do a current market analysis and she believes the properties are worth 150k to 200k more now than when we bought them. 

Thanks for that quick analysis @Jackson Pontsler.

Im looking to try the Buy Rehab Rent Refinance and Repeat method for my next couple of projects.

You probably don't have the team to deal with this property and it won't be easy to find a good GC in mid-October all set to manage a project of this size.

Having to this made me cringe a little, the original strategy on the project was to BRRRR, but due to some hidden costs that popped up, renting it out no longer looked like a solid return.

That being said, I do appreciate your feedback and help with this analysis.

I would say do some sort of Break-Even analysis so you can visually see what it takes, how long it will take, and what is required for you to not only replace the lost income and benefits but surpass that level. 

As a new investor should I offer this to a seller on my first project?

@Jignesh SavaliyaDoes sound like quite a bit to stomach with regards to risk as a first project.