It really boils down to whichever platform works best for you and where you make the most money.

Whichever route you take try and be reasonably consistent with your approach.

You want a local because they know the permit stuff, the contractors, the zoning things, etc etc.Then you refinance out of that crummy rate (it'll still be waaaay better than hard money) 6 months later or after the work is complete, whichever is sooner.

On the back of the check write “Pay to the order of [insert personal name]” then sign as John Doe for ABC Trust, ABC LLC, whichever the case may be following the ownership chain.

However, delayed financing basically says up to the lower of the two amounts - either 75% or a max or your initial investment, whichever is lower.

They are responsible for the rent until you find a new tenant or March 31 which ever comes first.

Good luck whichever path you choose. 

Assumptions: 1) I have lived in side A for more than 14 days or 10% of the days it has been rented out (whichever is greater) allowing me to treat side A as a primary residence for the full year.2) Total personal debt service is under the new TCJA limits of $750,000, no partial limitation to new refinanced amount.Research and background:IRS publication 936 alludes to cash used as part of refinance towards a secondary home purchased under a refinance of the primary residence counts towards the mortgage interest deduction on schedule A.

Same thing happens to us we pick the bank posting deposit date, we are on “cash” basis vs “accrual” and most importantly be consistent on whichever way you choose.

If they did they would know that you can take up to 50k or 50% of your Solo401k balance (whichever is less) as a 5 year loan at prime plus 1% so you would not have to worry about justifying how it is used.