Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.

I think they meet in person, but not sure it may be on zoom - they are not members of MAREI, so I don't have all the info - they do post their meeting on Meetup.And there are a lot of virtual meetings, plus MAREI events on our calendar. 

The person calling you is on a money grab. you do not need a wyoming trust. 

Many clients will find it hard to trust a younger person with this big of a decision. 

started the interest rate at 8.5% and wrote in the contract that their interest rate will change anytime my bank loan's changes (every 5 years) and will always remain 2.5 interest points above...for what it's worth...i have another under contract that hopefully will close soon..i'd be interested in hearing about this wally wrap as well bryan...what was that?

Should I be concerned the bank may have issues with this? 

You could get a loan from a local bank or private lender to fund it

If my business owner bank statements did not gain me an approval, I was going to go the hard money route.

Look into a DSCR, Debt Service Coverage Ratio, loan where the rental income can be used to qualify the cash out refinance instead of your personal income.To Your Success! 

Be candid and do it in person.