It will be structured this way for the entire build and into the refinance portion.

I sleep well with most of my disposable income invested in index funds and real estate, while a tiny portion is invested in moonshots. 

My husband and I were able to change our plans a bit and attend the self guided portion of the tour last Saturday.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

In NYC transactions, property taxes are pro-rated and sellers + buyers pay for the portion they're responsible for (depending on the calendar schedule of the county + closing date).

Duane,If you have someone willing to fund 100% of the purchase price then you can seek out a 2nd position lender to fund the rehab portion.

George - I think that the owners most likely to seller finance a portion of the sale are those that have owned their property for a LONG time (potentially looking for residual income) and owners than own their property either "free and clear" (without a mortgage/debt) as they have more flexibility.

You may get steady rent (or at least a portion of it will be steady) but you may end up with a problematic tenant. 

I cannot wrap my head around the cash out refinance portion of this situation despite my tireless efforts.

Being ready to act, saving well, and being open to learn and change are vital for your journey in real estate.