Next, land contracts are not the way to go, IMO, use the search box, "Land Contract" and do some reading of recent forum posts, and a place that needs repair will have added issues with permits and contractors in some cases, you are not the owner in title.As to refinancing, yes the project will be viewed as to the ability to cover the debt, shoot for a debt coverage ratio of 150%, income from the project being 150% of the debt service required.

FYI when you're tagging someone you need to use the @ symbol, start typing their name, and then click on their name when it pops up under the reply box.

In the bottom right corner of your screen you'll see the blue "Colleague Chat" box.

I spent more time in federal regulatory aspects, bank and mortgage compliance, than anyone on this site so far, not to mention servicing consumer and commercial loans.

I spent too long responding thoughtfully only to have him nay-say everything I said.

>>Insert Shameless Plug Here<<I spent hours online, making phone calls, swapping emails and if I just would have started here.....the agents that are in your market that are on BiggerPockets already know that you/we are investors so you've already got that out of the way. 

Yes - On the MF I have in Cleveland, Common areas monthly and in-unit on report of any bugs.Just spent a bunch of money on sewer and storm water line clearing.

I'm also a huge Porsche guy too, spent Sunday at the PCA Autocross Event. 

He gave me a year rent free to gut and vanilla box the store.  

Colton, I spent my first 9-10 months searching for a duplex to live in one side and rent the other.