@Kyle Kulhanek Are you planning to transfer the property into an LLC owned by both individuals on title? 

Most banks won't want to come in with a line of credit that is second lien on the property.

nevermind. sorry

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

Buy and hold used as short term rental property.

Hi, just wanted to introduce myself. I currently live in Butte, Mt but plan on moving to Phoenix, Az for 6 months out of the year. Just would like to start building relationships with people In the Phoenix area as well. 

This is an investment property.

Quote from @Akshay Kumar: Hello everyone, I am a new investor and looking for advice on my first investment property.

What kind of account or vehicle would you suggest to start saving down payment money for my first rental property?

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).