Therefore, in this scenario, the borrower will free up 4 "slots" to obtain FNMA financing.Ulric Donawa

How do I obtain these sources?

You're correct, in addition to higher rates and fees when obtaining a HELOC for an investment property, there are also stricter approval requirements (high credit score, LTV ratio, gross rental income, cash reserves, etc).

I have read that some investors purchase in their personal names and then move the property title into an LLC but also that this could cause issues.I imagine that I am not the only person who has dealt with this issue before so I am wondering if anyone has advice or resources they can point me to on how to best structure a deal where one partner will be providing the down payment and closing costs and the other will be obtaining the mortgage and managing the property.Thanks in advance.Dave

I think depending on the criteria of the deal, you could decide which way is better to go likely based on the financing could obtain. 

And I t works consistently.  

State law requires me to give 'reasonable notice' but does not require me to obtain your permission.

Not only do you want to obtain these documents, you also want time to review them well before the closing because unfortunately, there’s always the potential that one, or several, of the documents may be fraudulent.So, let’s go over each document and why it’s important:Lease: this one should be obvious.

The key here is that we can do the all cash deal if the proverbial sh*t hits the fan for some reason. 

My concern is that 2 months of vacancy, 4/6 weeks of reno then 2/3 weeks of marketing can take me to end of Summer/school begins/ prime rent season.Oh yeah a potential loss of 7K rental income.But besides being great T's, there are 4 months for her to prepare