In the short term just tying up 10k and recieving zero interest payments of 275.  

My thinking is I can utilize the cash out strategy down the road and move on to other properties without being tied down for using a big chunk of my capital.  

My thinking is I can utilize the cash out strategy down the road and move on to other properties without being tied down for using a big chunk of my capital.  

And anything remaining would be going to rehab.

The banks would need to pay that rate to keep deposits going into the bank and remain profitable by lending money out at higher rates.Some non-bank lenders might hold out for longer periods of time but the rates might be 100 to 150 basis points higher on the rate.

The truth is that all of my assets are tied up in this house, and I'd like them to be liquid. 

At the highest level we are buying a 3 family house where we will occupy 1 unit and rent out the remaining two units.

What I want to do is put 2/3 back into REI through the LLC and split the remaining 1/3 with my brother for personal use. 

.- ARV = 140K- Remaining repairs = 40K- Return to new partner = 8% off sale price (28% cash-on-cash)- New partner to finance and manage the project till completion.- I am not looking for a loan, but looking for a partnership.

So I am trying to tie up BOTH properties and either buy them No Money down if possible, or wholesale both as a package for a nice fee :) .