Be safe, make offers, find a great agent, study creative financing and enjoy life and the wealth it can bring you.Charlie at home in Glen Arm 

Option A - Local BankLTV: 75%Am: 25yrTerm: 5-yr ARM at 4.2% or 7yr ARM at 4.54%Origination Fee: 0.5%Prepay Penalty: $0 (1% of remaining loan if refi’d with another lender)Option B - Private LenderLTV: 80%Am: 30yrTerm: 10yr ARM at 5.25%-5.5%Origination Fee: 1%Prepayment Penalty: $0 (1% of remaining loan if refi’d with another lender)

The problem I having is that the banks that I spoke to are mostly all wanting to do a 15 year ARM type loan. 

From what it sounds like, it's not an arms-length transaction. 

That's a less than arms length deal not at FMV.In any case, I'd do a LLC for each property since they're not expensive and easy to maintain. 

Some leases explicitly say, no installation without landlord's permission.

My advise would be to focus on the sales side first and once you get comfortable and confident making money that way, then look to develop a management arm off of your sales business.

If/When you start doing volume that's when you'll want to develop a marketing arm for your business.

@Jaysen Medhurst, I was able to qualify for a HELOC, If you don't mind looking at the terms.Assuming an appraised value of $225,0001stmortgage set up at $180,000 80% loan to Value (LTV)HELOC (Home Equity line of credit) set up at $33,750 15% (LTV)Combined loan amount $213,750 (95% of the appraised value)Interest rate 1st mortgage 3.875% 30 year fixed rate conv loanHELOC interest only ARM: WSP + 1% (3.25% Current WSP index + 1% = 4.25%) Principle and interest payment would be $846.43Full monthly obligation including Home Owners insurance ($100 per month) and Taxes ($100 per month) : $1,046.43The interest only payment on the HELOC assuming the full draw of $33,750 at 4.25% would be $122 (shown above) Total monthly obligation between both mortgages : $1,168.43~$25,000-26,000 would be the cash available from the HELOC at closing What this refinance accomplishes: ~$25,000+ out in cash for the real estate investment opportunities Escrow refund – should be a wash with what we are estimating we would be setting aside to start your escrow (~$1,200) and that is your money to do with as you please Creates a HELOC that you can tap into on an as need basis (during the draw period which is the first 5 years).

Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.