How many banks do you work with, the commercial terms they offered you are really crappy..

Before you decide to pull the trigger with any Bank/Lender make sure the they are well versed in DSCR guide lines and close more than a couple a month. 

There are MANY good SDIRA companies out there across the US, and its not like you need to walk into the bank to cash a check.

If I finance the rebuild then the 1031 exchange presents some challenges (I will need to land a property that cash flows or breakeven so that I can get the loan for my rebuild, or banks will count that debt against me).

Curious if we have to officially wait till trump is president or if some banks have already started the process.

Can you throw out names for Missouri resources they have worked with before on investor friendly realtors, tax experts, and investor friendly banks? 

If it would help to get a more detailed estimate feel free to reach out.Documentation is rather limited, just ID, bank statement, LLC documents to start.Sometimes there are interest-only options at 30 and 40 years, generally the difference in payment fully amortized over I/O is minimal so it may not be worth it.

@Guillaume Vidallet I'll chime in here since it seems like everyone answered your question and gave some great advice.I'll suggest that whether you have one LLC or multiple LLCs you have separate bank accounts for each and make sure not to commingle any money.

Cash out refi will be tough due to the price, not sure if there is a local bank you can reach out for the financing.

So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?