Always great to hear from a fellow Texan.The main question I would pose here is - what are your options?

It could be a good option if you're looking for long-term value growth.

If it's a refinance you might have buy down options available to get the rate a little lower.

Depending on location (state) there are options for 80% cash out with no seasoning as long of proof of rehab is provided.

I realize options may be limited here in the Phoenix area (only two I know of in Phoenix & Chandler with storefront units), but if anyone could point me in the right direction (on either (1) what to search for, or (2) any existing properties to look at), it would be much appreciated!

You will definitely have more options if you are open to the STR and MTR world.

He gave me some options, but yes I would say that I should trust and rely more on his expertise. 

@Kanika Jain, you will have plenty of options in Kissimmee and Davenport, the Disney markets.

What are some different options to get about $300k for for the construction which should take less than 6 months to complete and get the refi?

Their primary responsibility is vetting the applicant's wherewithal to repay the loan so they prefer borrowers with strong credit and consistent income, in addition to some experience completing similar projects.