Hi Ian,The best way to get this done is to refinance into a hard money rehab/construction loan.Not sure how much equity you have in the house but the ratio would be as following.75-80% * (Value of home+Cost of build/rehab) = Total Loan AmountWe would payoff the initial note (+ closing costs if loan amount exceeds construction budget & payoff), the rest would be in an escrow account for you to draw from as you complete your project.I would love to connect and discuss further on the details of this scenario!

I have renovated / BRRRR'd over 50 houses in the area and that was my biggest challenge getting into it. 

So then the house is 10% owned by The Person, and 90% owned by The LLC (income and expenses shared accordingly).Now this year say I want to take the same percentage (10%) - and say it's a flat market and the house is still appraised at $500,000.  

Maybe the house doesn't show well and you need to put some money in to spruce it up and make it show well.

Our goals: Obtain another investment property while not having to pay anything for a down payment.I envision that my in-laws would use $250k (equity in current house) as a down payment to get into a new smaller location.

Anyway, one house that my realtor showed my happens to be on 20 acres (I live in an agricultural town)  and it comes with 10 acres of cherries (which are currently being leased out to another farmer, so I don't have to work them.)

But the kicker is that the house has a market value of closer to $750,000 - $800,000.  

Purchase price: $55,000 Cash invested: $30,000 Purchased property was renter-occupied at $600/month at the time of purchaseDid not renew lease with tenant.Completed full Renovation at $30,000 6 days on the rental market before the property management team got a signed lease at $1200/month Renter moved in July.ARV $179,980 What made you interested in investing in this type of deal?

@Rodrigo Barreiro PujolYour plan to house hack in Austin with a $25k initial investment is a solid start.

I am new to the system and would like to connect with someone that has successfully used the "Affordable" module to manage tenant move-ins and move-outs, annual recertifications, and monthly housing assistance payment requests.Thank you,Moises