My initial thoughts would be to secure a construction loan for the total rehab amount based on the entire property’s ARV.

You may want to consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year, not just when preparing your tax return.

They can sharpen skills you already have, or expose you to things you've never even thought of.

Food for thought.

The life expectancy of a metal roof is admittedly longer than asphalt, but I think this all goes back to the debate of leaving the CAPEX as is and replacing items when broken, or do you like to prepare and rip out everything old and replace it all to make it last for a long time from the start.

Or thought about it?

Some thoughts- you have made $475k from appreciation.  

@Lucas Moncada man if I had a dollar for every time someone thought they had a way to cheat the process...:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.

This might help you with the liquidity you need to fund the deal as well depending on what your outstanding GC Fee Agreements look like.Food for thought!

Any thoughts?