If it is a breach of contract to do such action, no, it's not true or accurate to say a person "can" do that anymore than it is to say a person "can" rob a bank.

Buy of course banks won’t use “gift funds” and I don’t want to wait 60 days to let season.

The thing I'll be changing is the financing I've been doing with a local bank, which has been a bit slow and cumbersome.

Will the bank allow me to refinance the property again to tap into equity after the repairs and new appraisal?

Therefore, it is advisable for the client to consult with their CPA to receive personalized guidance tailored to their unique financial situation.

I signed up with them about 3 to 4 months ago, then found out how expensive the loan was to get going with them and told them that I would self finance it instead but they had to cancel the loan first...they use a company called Special Financing Company..the person I spoke to at REI his name is Paul, he said he would take care of canceling the loan, but a month later I realized that they were pulling $599 out of my bank account.

I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.  

ASSET BASED LENDINGNote: Hard money is defined as average loan size under $2M, average loan hold duration under 2 years, and not a bank. 

Either way, $600 in cash flow should actually help your personal DTI if you go for conventional financing on a primary again. 

Pricing higher than a bank ( if you can actually get a bank to lend you money in the first place)2.