We were both born and raised in the area and know it like the backs of our hands.

After that, I'd like to rent the property out while also buying a home better suited for raising a family (which is to say, a bigger place in a less trendy area/suburb).I have no problem with running the numbers to see if it makes sense from investment and cashflow perspectives, but I'm not sure how the financing could work in this situation.

What can I do to raise a lot of money?

Using an LLC, it seems there are two issues: (i) loan originator will not loan to an LLC, limiting financing options (particularly ones with good rates) and (ii) if one is willing to originate in their own name then transfer to an LLC (accepting the due on sale clause risk), the insurance is now in their person name with the property in their LLC, raising insurance issues. 

I see that you raise equity and provide turnkey properties as well. 

However, if you made enough improvement to justify getting equity back in and raising the value I do not see any reason why this is not possible. 

You get to decide what to do with that $100k now rather than wait and collect it over 16.5 years.Next, if you can scale your real estate investment through value-add aka BRRRR, then you can really grow your REI biz. 10 units at $500/door net cash flow = $1M worth of cash in your pocket. 100 units at $500/door = $10M.Then, every year, raise rent $50/unit.

He just ran out of cash.Address is 1129 Van Buren Venice, CA 90291I negotiated a low sales price from the seller.25.01% return in 6 months if I can raise enough for an all cash acquisition.1.56 Purchase Price 450k constructionLooking to sell for 2.6 after construction completed.Market is around 1000/sqft so 2.4-2.6 sale price.

With him being in a all cash business, it creates a unique situation where he will be getting is money into the deal by raising the value of the property and paying for everything but the down payments.

I will be doing a few updates to that side of the duplex and raise the rent up to the market value for the area.