Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan. 

Does the loan have a "history" is it FHA, VA, Conventional16.

Many investors use new construction loans or bridge financing before refinancing into a long-term DSCR loan.

I flip with cash, not loans, mainly because there are not enough deals out there that meet my highly selective acquisition criteria, so no need to pay interest on cash otherwise sitting in a money market account. 

Total profit less closing costs and commissions will be about 42,500 each or 85k total.I would for sure get a construction loan, may be worth approaching 2 or 3 different banks and getting separate construction loans from different banks. 

Possibly break loan covenants and can't cure default, lender takes back property.  

Loan pay down and depreciation.

They then missed out on several more years of growth because they got out of the game and waited on the sidelines for things to look better. 2010 to 2012 was the period that cash investors were the players or those with IRA keep in mind investor loans were still basically non existent in those years for all those expect very well to do Investors beginners were not getting investor loans. 

They asked me to empty my savings, max out cards and then finally to take out a loan.

I assume you’ve got a loan that says you will be living there.