I've been back and forth with my insurance provider and the underwriters from the institution I am using for the HELOC.

Generally, 6 months to 1 year after your purchase is the soonest you can refinance, but that depends on your lender.I am using 80% because for conventional, that avoids Mortgage Insurance Premium (MIP).

It is just how it works.It amuses me when investors complain here about contractors negotiating for work, or tenants negotiating lease terms and payments, or brokers charging a certain commission......when they brag about buying properties below market.  

I am using traditional transactional funding and have a short sale being negotiated on that is with Citi Mortgage and they are asking for Proof of Funds letter with actual signature (not through email) and date in PDFHow do I get around this or how do I get this?

Paul,I am using a VA loan but going through the credit union.

I am using Listsource to generate a list.

I am used to using the CAR purchase offer form in my brokerage but feel as if a more streamlined form would be advantageous when working directly with a homeowner.

@David Beard yes I am using the FHA 203k rehab loan.I have a PRE approval letter but have to get it modified because it stated I was buying as an investor with 20% down, which was for another property.So you think $100k is too much based on my numbers?

I am using it to quickly analyze potential investments by taking 50% of the gross monthly rent and seeing if that exceeds my debt service by $100 or more (which is my positive cash flow goal per door).

I love the concept and am using it to raise funds for our renovations but also investing their as well.You can also consider joining forces with a turn-key operator or joint venture with others where the deal is attractive or makes sense from your perspective.