@Nicole De Lia make sure you use conservative rents, high for repairs and expenses, high on property management and also if your taxes are very low then factor in that your taxes may go up sooner than later.

I have a single family house under contract and would ideally like to find a fixed rate loan to and LLC (three partners, all with high credit).

The traits for the ideal candidate include the following,1.

Bellingham is definitely a desirable location with seemingly less of the possible crash factor Seattle has, so you may be in a good place to continue to build up your equity for a while.

Is the 4 months holding time factored in?

We have been keeping it parked on the sideline however beacause were getting married in August and want to ideally walk away from the wedding without any debt and perhaps profit a few K.

During my initial analysis of the deal I factored in the cost to do hard money as a back up and the deal financials still worked.  

Adding to this factor is the fact that real estate development in San Francisco is an uphill battle (politically and economically).

When raising money for apartments,How much would you guys factor in when raising funds to set aside per door?

Granted I deal with homes usually bank owned or very distressed, but my realtor would wait outside if I asked him to.