Points and loan details are TBD still as we're just getting the tentative process down on paper as we wade into the details. 

You can spread your cash out pretty far here when taking advantage of leverage opportunities like 100% purchase/100% rehab hard money loans.

Is it best to just throw cash flow at the loan untill the principal is paid off (current cash flow between the two properties after interest and all expenses are paid plus vacancy rate = about $250 left monthly) refinance at renewal to pay it back in full? 

@Robert EllisAre you leveraging construction-to-permanent loans or private funding?

If that's what you're really after I would start with the basics of what kind of bank loans either residential or commercial are available to you - not saying this is the best option, but it's a good place to start.

Investment Info:Single-family residence private money loan investment.

Early in my career I worked on cattle ranches, then started doing farm and ranch loans for seven years, and now have been doing hard money lending and other real estate investing.

@Eddie Lozada what did you go with finally? 

Martin They get a bank loan, but most do not start out in MF, they start out in residential.

If it's on your credit, you are on the hook for it.However, it shouldn't effect the loan process too much, a simple Letter Of Explanation should be able to get the job done with the correct investor.