We managed to gather 40K in cash for this project and have access to a lot more (Friends and Family money)We want to start BRRRR in the USA.But we need so much help with it.We are willing for different kind of scenarios. 

It lays out the restrictions people face when in front of "delayed financing" rules in the first 2 sections (which it sounds like you are familiar with). 

Get a pro account on this site so you can access the PRO only blogs and avoid all the goofy stuff that can confuse you sometimes.

When there is access cash pay a lump sum towards your mortgage at the end of the year so it pecs away at the amortization period.

Due to the insane requests and the renters skewing the votes we're looking to restrict it to owners only. 

I also have access to equity in another rental property, a condo in Boston that's worth about $1M and has only a $300k mortgage on it.

If you are the majority owner, the attacker would control your business by virtue of share control.While you have access to a wide range of deductions and the ability to set up fringe benefits without taxation, the biggest tax disadvantage of C-Corporation is the “double-taxation” issue.

Depending on where you live, there may be by-laws restricting your "flipping" the property for profit within the first 2 years.Further, you may have an issue with your finance people if you took out a mortgage to make the purchase, such as pre-payment penalties if you haven't had the loan long enough. 

Some investors have access to funds they could use to pay off the loan in such an unlikely case. 

@Randy DubiskasI can’t imagine the county doesn’t have the same access to look up the sales price anyone else can get.