Quote from @Saint Kyle: Here's an examplelooking for rehab funding on a triplex in youngstown, oharv $130k rehab $70kdo you know of a bank that's willing to loan on a product like this?

This particular property (townhouse) has been bank-owned and vacant for the last 14 months.

There is no real estate involved; they are on a lease.My bank is currently looking at how much they can give us for a cash out refi of our rental condos, but we are trying to investigate all options.Thanks for any advice. 

Help with Expense tracking and categorization: You can sync your bank accounts and credit cards to automatically categorize expenses related to your properties.

I ran my own proforma and used an 8% vacancy rate and a 35% operating expense margin, which are the %s that most banks my clients work with use to underwrite their DSCR loans.

As we sell through these items should we create a bank account with the llc to "season" the capital for when we are ready to reach out to a lender when we are ready to make our first investment?  

How much cash should I plan on pulling out of my own bank account for this?

Pretty much all the banks in Mexico lending to foreigners offer better terms but there are other countries offering better terms as well.

Granted it is unlikely to result in a home run, but it also is less likely to fail big and negatively affect prospects for years. 

I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.