I would be willing to take an offer on the property in its current state so you could configure the construction any way you wish.

I don't think you have to go that route nor would I necessary suggest that in DFW. 

@Kolin Goff I invest in Saint Louis too (South City) and I just sent you a PM with some info on cashing out prior to 12 months and I think you'll be surprised that pricing will stand up toe to toe with conventional without needing 12 months AND offer higher LTV on a duplex investment than conventional. 

My license helped to take a look at the properties for myself, write offer in short amount of time & also pocketed the agent fee.I spent 1 hour/week to manage my 21 SFH portfolio.

However, I quickly realized that lenders are unwilling to offer mortgages to new LLCs, and even if they did, the interest rates were above market average!

My brother had access to the other $160K but ultimately purchased a 4-plex two months later using his own money instead.Currently, its written that if my brother doesn't use the funds then he gets 160k value from the estate extra, as I used my half already but then my dad suggested a 2% annual appreciation on that amount seems fair on the 160k for him, and now he believes it should match his home’s appreciation, which is roughly 5% per year.

Check-Writing and Payment OptionsDo they offer free checks or digital check-writing?

I would welcome any general advice you guys can offer me.

Portfolio loans from local lenders may also offer flexibility.

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