Doing so may be considered mortgage fraud.You may want to consider being less aggressive on expenses relating to your farm business by doing things such as taking regular depreciation instead of bonus depreciation/section 179 expense if applicable.

Hey BPso im a canadian resident and i own a property in SWFL in cape coral worth about 200k, it is fully paid off so no liens or mortgage or anything.Im looking to refinance it to pull out my cash and move to another project and just rent this out, I called the bank of america and they told me they could give me 50k or something line of credit with 19% interest secure with my house but thats obviously not what i want at all.

its a great place to find like minded folks who run the gambit of highly experienced to total beginners and everything in between.. although I would say its slanted towards those starting their journey and many once they get going and have some success contribute less frequently.you have those that are in some sort of sales business so are always marketing themselves or their companies.. through writing blogs and or posting on the site with regularity. 

And then you'll report the payments you make to the utility companies as a regular expense titled "utilities". 

The issue is a lot folks (self included) are transitioning from regularly paying W2 jobs and building the business before taking the leap into full-time commission based sales.

Hi Jake,Hard money loans are not that difficult to secure, but they will require skin in the game as someone had mentioned earlier.

Drip edge shall be white, manufactured by XXX (or approve equal) and secured with proper fasteners per manufacturers specifications and best trade practice."

For example, if you found a great real estate deal and convinced me to contribute 50% of the funds, I wouldn't be interested in any contract from you promising not to steal my money: I'd want a secured interest in the property, likely in the form of a promissory note (describing the terms of the loan) and a recorded security deed (pledging the property as collateral for the loan).

Perhaps, with a high-end property there is an argument to be made for some things being more expensive to replace (nicer appliances, etc), but that's more capex than regular maintenance.

An a middle-aged white male, I ride my bike through those areas regularly with ZERO problems.