Refinance as an owner occupantMy other options are to buy a small condo (probably only a one bed) or just wait until I have more capital acquired to get a conventional bank loan...I am so so ready to jump in & will consider any creative financing ideas...I know once I have a property it will be an income generator for me!

The Act requires for any debt collector that is not a bank, or lending or financing institution, to be licensed as a collection agency in Illinois.

When they get experienced enough with a track record they can sometimes get bank financingIn my opinion, a condo conversion is not a good first renovation project. 

Ask the bank in South America for a $65k against my property?

Should I set up a separate bank account for the rents, deposits, and utilities to segregate my personal income/expenses? 

(figure product in the 2-3/Sq ft range, standard transitions)CERAMIC: $11.50/Sq ft with durarock (figure tile in the 2-3/Sq ft range, standard grade edging and transitions if applicable)A couple steps that might help you find a usable contractor:Retail stores will take you to the bank for flooring, typically. 

They owe the bank 450k and HOA of $10k which we will cover.

Some banks do not do HELOC on rental properties.

@James Riley Cook Your best bet is to talk to a mortgage broker instead of a bank.

Wondering if anyone has experience placing a large portion of net worth into private banks for high net worth individuals, i.e.