The bank i work with is telling me if I buy and fix a property then go to refinance that property in less than 1 year, they can only lend the lower of the appraised value or purchase price. im buying these distressed properties for pennies on the dollar, How do I get around this banking issue?

As well , does anyone know of any lenders that would lend on a park like this?

There are always a lot of fees with lending, but nothing out of the ordinary! 

But you still have option for portfolio lending or commercial loan.  

Any way.. your post brought back some fond memories of me starting in this mid west lower end rental lending business back in 02..

Best lender and lending company in Delaware. 

Keep a few things in mind: 1) Some lenders do have a 'seasoning' period, although mine was only 6 months and it wasn't an issue for them; 2) Your lender WILL conduct an appraisal (which you may or may not have to pay for depending on lender) to determine a new, current value; 3) They will lend an amount to you based on a total LTV (loan to value).

For a quick example if a HML provides 75% of the loan for my deal do i have to provide the remaining 25% with private lending or my own cash?

@Heather Collins First you have to find a lender that will lend to contract work, the best will be to find a lender who lends to 1099, work instability is the most frowned upon loop in lending.

I'm looking to connect with people who invest in out of state multifamily and/or have done syndication's in multifamily.