However, some community banks and credit unions may offer more flexible terms.Best of luck!

I run a private credit fund - I need to pick their brain on how they can give investors 12-13% and make money.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Maybe use that 650 Billion to pay down our credit card balance which is rising at 1 Trillion every 95 days and perhaps then the Bond market would take our own country seriously. 

However, you can claim a tax credit on your California return for taxes paid to Oregon, mitigating double taxation.If you only plan to own this one property, consider using umbrella insurance as an alternative to an LLC.

It (2%) technically would be coming from the seller by reducing the 5% to 3% and then you get a closing cost credit for 2% at COE.

Since your name is on the deed, you have a few options to secure financing for the rehab:Home Equity Loan or HELOC – Since the house appraised at $500K and you own it outright, you may be able to take out a home equity loan or a home equity line of credit (HELOC) based on the home's value.

What are the tax ramifications of deducting interest on the two units we rent out on a first lien HELOC if we are parking paychecks and using that line of credit for personal expenses (groceries, gas, maintenance items, vacations, etc.)?

Quote from @Carlyn Chism:I agree with Chris on a lender that might be a scam or make you may so much money interest because of the low credit score that you make $1.00 on the flip or no money.  

The interesting thing is appraisers don't often realize or give huge credit a new plumbing, new electrical, new HVAC despite these items being very expensive.