Well, a few disputes later and now she has left the state with the car that we bought together.She stopped answering any of my calls or texts after telling me that I have no choice but to wait to get my name off of the loan so that she can refinance on her own as she doesn't want another cosigner.

I don't post much on the forums but I bet I've listened to every single podcast at least twice!!

The property is a 6-plex and it will cash flow $29,207 per year, with a $117,453 back-end payment upon refinance or sale at the end of year 5. 

The only banks that I have talked to so far will only increase the available credit if you go through a Refinance process on the HELOC. 

Find your Refinance Lender before purchasing a property.  

@Daniel DietzPerhaps you can have Frank put the 300k down and take out a 300k loan to purchase the property and then shortly thereafter cashout refinance it  at 75%ltv (450k).This would allow you to return 150k to Frank.By structuring the transaction this way, Frank will have access to the cash he wants while enabling him to defer taxes on the whole 300k.I believe this would be a permitted transaction but I'm not an expert on 1031 so you should definitely double check with @Dave Foster.

I bet if you still tried and no matter how old you are or how settled you are, there’s always enough time and I believe you would and still could be amazing at something you should work hard to get.

You bet it does.

I'm wondering if I were to purchase it in my name, would it be difficult to get a "cash-out refinance" for (80% loan to value for 56k) that is used in BRRRR strategies and then quit-claim it into this LLC?

Thinking this may be my best bet to starting out as I have money but no income to be able to get a loan.