The third bank would only entertain a 20 yr loan with commercial terms, 5 yr balloon, not even need to refinance BRRR yet, but the numbers won't work on that short a time, and I was actually approved on that.

For rehab funds I've used both Discover and SoFi personal loans, one day funding and no fees at all,  but they do require good credit.Another solution would be seller financing if the seller would entertain that.Good luck!

I hope someone can help provide some guidance on this , even entertain enough tow rom on project together.

We don't require them to carry renter's insurance because I expect our tenants to be adults and make those decisions for themselves.

My goals are to have some STR's in places I'd like to stay at as an option, have the rental income help me reach FI/RE and have multi-family units I could pass on to my 3 children once they are adults.

She just bought it so unless something has happened in her life, you may go through many iterations and find she does not actually want to sell and has been entertaining your idea to be polite.

I have an Ohio LLC (single member-disregarded entity) that is 100% owned by a Wyoming LLC (single member - disregarded entity) that is 100% owned by an Australian Discretionary Trust.I am of the understanding that the Australian Trust is considered a Grantor Trust by the USA and that any taxes due from my Ohio LLC are passed down the line, first to my Wyoming LLC, then to my Australian Trust, and then to the Grantor of the trust.The Australian trust has as its trustee an Australian company (Corporate Trustee).I am the sole director of the Corporate Trustee.The beneficiaries of the trust are my my wife & I, our adult children, grandchildren & any as yet unborn heirs.So my question isWHO IS THE GRANTOR ?????

And don't think that rules or threats will help.Patch the holes and be of service.If it's a common issue, then you decide if you need to get restrictive.Good luck and remember that when we were kids, adults were stupid too!

My client will not entertain sublease...so the property would have to be in my name (or my company).

We used to have problems with slow drains in the 1970s house I live in (3 bathrooms, 6 adult roomies).