Even with the 10% down, the re-financing would probably be 80% LTV max, so you'd have to bring 10% to the closing table for the refinance. 

Honestly that where you can really realize a great return is the intrinsic values that the untrained RE investors eyes cant see. 

I work with a great team who is in the top ten for the company and have been involved with RE for over 17 years. 

Hey CodyThe buyer normally absorbs all the costs.The wholesalers pays for prorated taxes and sometimes attorney fees, depending on how the deal is negotiated.

I have been absorbing so much through BP podcast and forums, I hope to be a contributor to the community one day as a experienced investor.

Don't know if you'd be interested, but because I'm new to the real estate game, I thought it might be advantageous to start a local RE meetup group.

-- I let him know what I was going for and he critiqued and provided positive feedback of why not consider doing X,Y,Z.We are meeting up again on Tuesday for lunch and I'm compiling a list of Questions, both to get feedback and I want to put together a list of questions anyone would want to ask if they were a new investor getting into real estate.Now I have a basic list of questions to ask, but because I've never really thought/considered/known much about RE I don't know what to really ask, any seasoned investors remember their beginning and some questions you wish you had asked or learned of before jumping on your first deal?

Mortgage is at 3.375% 30-year-fixed so cash-out re-fi before renting it out might not be sensible.My family now needs more space and am considering buying a SFH in the ~$1.5m range. 

The house has a new roof, 3 of the 5 A/C units have been recently replaced, electric has been re-wired, plumbing has been done within the last 10 years.

If you see the same percent lower for refi appraisals than purchase appraisals for RE at that price as I see on RE at about 50% of that price I think you would get the $100k+ higher than the refi appraisal if sold.