If either of these methods work, then I should be able to stabilize the property by early 2016 and refinance through a credit union or bank using the property itself as collateral.

I have gone to many banks and credit unions but all said they can't proceed because of the HOA litigation.

I would ask a local bank or credit union what they require.

Sounds like we're on the right track in the broad sense.My wife and I have an appointment scheduled to speak with our credit union about the types of loans we're looking at and see what other options we might have.  

Our credit union has a feature called Moneylink.

I've had 18 mini splits installed in my previous residents, rentals & commercial properties: Sanyo, Union Air, Fujitsu, Mitsubishi, Panasonic, Comfort Aire, Daikin, Soleus Air.  

And also should I use a mortgage broker or a bank and I'm also a member of American airline credit union.

My credit Union unfortunately has decided that the 100% Refi's are against their policy and now require the 20% down payment on my future properties.

When appropriate and 3 The Financial Stability Oversight Council consists of the following members: Secretary of the Treasury, Chairman of the Board of Governors of the Federal Reserve System, Comptroller of the Currency, Director of the Consumer Financial Protection Bureau, Chairman of the Securities and Exchange Commission, Chairperson of the Federal Deposit Insurance Corporation, Chairperson of the Commodity Futures Trading Commission, Director of the Federal Housing Finance Agency, Chairman of the National Credit Union Administration, a presidentially-appointed independent member with insurance expertise, Director of the Office of Financial Research (non-voting), Director of the Federal Insurance Office (non-voting), a state insurance commissioner (non-voting), a state banking supervisor (non-voting), and a state securities commissioner (non-voting). 4 “2014 Annual Report.”

We've found that we can apply for at least 2 loans at the same time from our bank which is a small, local credit union as long as we have the down payment, tax returns, etc. so it makes sense to ask the loan officer you are working with whether they will do 2 or more property purchases at the same time.