@Guillaume Vidallet I'll chime in here since it seems like everyone answered your question and gave some great advice.I'll suggest that whether you have one LLC or multiple LLCs you have separate bank accounts for each and make sure not to commingle any money.

You may have to put more money down (10-15%), but you can close, in a LLC, with no worries about banks.

@Patrick Roberts @Chris Seveney - End all be all these divisions of banks and NMLS know more about me that I I know about me, lol.  

Curious if we have to officially wait till trump is president or if some banks have already started the process.

You can also try putting it in local places that rent like condo's or apartments attached to the board in the laundry room or better yet in an actual outside laundromat.

Think of it as a piggy bank: you put money in all the time, but the piggy itself also grows in size over time.

My below recommendation is something I'd do only if I had these things in order...But what I would do is put that money into lead generation dollars through Google PPC to generate new seller leads.I'd then close these deals and either assign the contract to a cash buyer OR novate the property on the MLS with the help of a local agent.After that when you have some good coin in the bank you can explore more investment options at your disposal.And just so you know -- I consider myself someone very low on the industry totem pole due to my small amount of experience. 

Cash out refi will be tough due to the price, not sure if there is a local bank you can reach out for the financing.

I guess there's just a stigma attached to them as being "less than" SFH or multi-family units, but if the numbers work, the numbers work, right?

He is securing expensive debt, not debt through a bank, isn't putting any capital into the deal and structuring the equity investment in a highly risky manner without any upside offered to the investor.