The loan officer says the refinanced amount would be 75% of the purchase price and not the new appraised value after rehab.In this case, is it a bad idea to transfer ownership of the duplex into my family member's name and then purchase the duplex back but this time financed? 

Another heir who is entitled to 40% of the property ownership is also in agreement to sell. 

Here are some things to look for when identifying seller carried candidates: - Low base for seller (They have a longer ownership duration and or acquired by inheritance, as part of a business or capital improvements offset by income.)

We have 30 units in 7 different entities if including personal name ownership.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Most commonly, I see that clients can do a rate and term refinance after 30-days of ownership but most people wait 6 months to be eligible to do a cash-out refinance. 

This is exactly my point though, even if I ran capex at 10% of gross rent, a $6k expense to replace HVAC in the first few years of ownership will take years to recover from, cashflow wise.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

How do you deal with the stress of ownership.

I'm totally new at this, and this is not what I expected in the first few months of ownership.