Find another source for your refi.  

With insured loans, the issue is when a section of the house, usually a converted attic, lacks a "permanent heat source".

I figured i should join and support it since it's been a great source of knowledge and motivation.Long story short, bought my first property in February 2001, and grew up to 17 multi family rental properties with my brother, all bought and rehabbed to maximize rental value.

A summary of the changes can be found here:SEC Staff Recommends Updates to Accredited Investor DefinitionWhat's good:You can now take a test to qualify under the proposed rulesThere seems to be some critical thinking about the thresholds and indexing them to inflation instead of picking an arbitrary number and leaving it staticThere seems to be some critical thinking about who can invest whatThose with experience in private deals can exempt outWhat's bad:It seems hard for portals or funding platforms to implementWealthy investors are capped unless they make over $500k annually or have $2.5M in net worth

And to do this, good location is more critical factor than price of buying?

I would do this deal myself and I would at some point when the opportunity presented itself, buy the bar from the owner and have that income source as well. 

Many more great forums and sources, too, here on BP. 

Is Loopnet a good source to find a good deal?  

Thanks everyone for your input, especially on good info for beginners, my grandpa has accidentally made money on a few real estate deals but this is the first time any of us have looked into REI as s source of additional income.

What if one uses non-conventional sources of money?