If this isn’t an option, the funds need to come from the accounts that belong to you to avoid complications.As a hard money lender, we do accept gift funds for certain investment property products, but it ultimately depends on the specific terms and conditions set by your current lender and the type of loan you are seeking.Feel free to share more details if you need assistance in structuring the loan or exploring other options.

It’s called 𝐅𝐢𝐫𝐬𝐭 𝐭𝐨 𝐚 𝐌𝐢𝐥𝐥𝐢𝐨𝐧.https://store.biggerpockets.com/products/first-to-a-million I also run a networking group for young aspiring/beginner investors (between 15 and 26 years old), and one of the things we do is have a few Zoom meetings every month.

I will contact you soon to get some info about your loan products. sounds good!

You'll get a highly productive VA.

However, there are a few complications that limit your traditional lending options: the property is held in an LLC, your income is currently low due to the ramp-up of your self-employment, the property's future use as a primary residence or rental is undecided, and you're looking for a revolving credit product, not just a one-time loan.Traditional banks rarely offer HELOCs on properties held in an LLC, especially a single-member LLC.

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

I know Interactive Brokers used to have a great product for this. 

Usually these products allow for interst only payments for 5-20 years.

One thing that worked for someone I know was using a loan product that didn’t rely as heavily on credit score, like a 100% financing option tied to a primary residence purchase (not refi though more for when you’re ready to move).In the short term, you might want to talk to a local mortgage broker or small credit union  sometimes they’ll offer bridge loan options or help structure something creative, especially if they know the home’s equity is strong and you have a plan to sell.It’s a tricky spot, but not impossible.

A handful of DSCR products will allow a seller carryback second lien, but I dont know of any DSCR anywhere that will allow more than 90% CLTV.