It isn't uncommon to need 18-24 months to fully reposition an asset.Fins out what terms you are getting, and see if the debt works in your underwriting.

Getting a debt service coverage ratio loan shouldn't be difficult when using an LLC. 

The entirety of this project was financed by a HELOC, and at closing, we will wipe out our debt incurred to complete this project.

Just lots of debt that I'm not too comfortable having.

We were going to buy the new property with 105% debt this way.

We have submitted fair offers considering the condition of the property (sellers don't keep up with the maintenace and repair as they should, for a property that they are going to lose and get no money only some debt relief.) 

I am contacting you to formally request validation of the alleged debt concerning this account and to inform you that I hereby dispute the validity of this debt.

Are folks able to manage to get to that second property, when they have high debt service in one property.

Through agency debt at ~67%, pref equity from an institutional investor and common equity from our investor-partners.

I'd like to sell my CO property and do a 1031 Exchange for a local FL property but I've been cautioned by members in the local investment clubs about potential Relinquished Debt consequences.