For future readers, many banks will offer an unsecured line of credit up to $25k.

We have had our first bank valuation done on a property in Peniche.

We don't tend to get them when buying from a bank (because they usually won't budge on price) or wholesaler (who often provide an inspection) but do our own thorough inspection. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

. § 1344 – Bank Fraud18 U.S.C.

Wage garnishment , attach any bank accounts , and or vehicles 

Aunt/Uncle have a property maintenance company in Brainerd that partners with my PM, Cousin works for the local commercial bank, things like that... 

Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents). 

I've also used traditional loans through regional banks and a few SBA loans. 

As the cash flow is obviously much worse than you can earn in the bank with a basic CD.