She recommended putting a heloc on the property for 6 months until I can lock in the conventional mortgage.

If I buy a property with cash say for $100,000 and I want to refinance for a conventional mortgage on the property and it appraises at $150,000 for the refinance, then does the bank refinance for that price. 

Individually getting conventional loans or FHA loans (this is a viable option for us as we live in a duplex that is half owned by my partner) and hoping that if we do decide to incorporate at some point in the future and hope that due on sale doesn't bite us in rear. 

The 20% is the conventional # typically used on commercial or investment properties. 

Seems to me you could rent a place in a location of your choosing and find a mentor by other conventional means.

If I'm employing capital in a repeated BRRRR strategy on less expensive properties (say 80-200K all in costs), what impact would this have if I decide to borrow a conventional loan to buy a larger property for myself in 5 to 10 years? 

@Jeff Mills no need for HML when you can walk the red carpet of conventional FannieMae HomeStyle renovation loan for  investment properties.

Those claim they have lots of inventory but have little to show I avoid them.

How does the business handle inventory?

Does anyone know of anyway that I can finance the remodel using either a conventional or FHA mortgage?