However those with no to very limited experience will never get a fix and flip loan  from a bank. 4.

If you have hired a specialist to perform a cost segregation study of your real estate property, they will likely use one of the six most common methodologies recognized by the IRS. These methods include:
Detailed E...

Of course the OP received the funds but the point I would argue is that if the OP received in Jan and not Dec in his bank account.

We're in a small town so we ask our bank loan officer who is involved in the community for a CPA reference.

It would be different financing but I'm sure banks could get it done. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Quote from @Brandon Croucier: 12 or 24 Month Bank Statement is probably the best bet.Where would I get one of those? 

Make sure you know where the guard rails are with your bank. 

However I would say those lenders would be more willing than a bank to write the mortgage, and after completion you can refinance it.Overall, its probably easier and better use of your time to just find another house that doesn't require the construction and where the numbers make sense.

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.