@Sai T.

I started looking into refinancing the mortgages on my investment properties- no cash out refinancing given that interest rates are low; my interest rates are b/t 4.75-5.25%. 

Then, after the purchase, you obtain a $90k mortgage -- to pay back the private loan and get your own cash back.

@Chris T.

I feel a 1% rule property is obtainable in a midgrade asset in a casy flow market however people pushing it with 2% or even 1.5% should really have an understanding of expenses nuch of which will be dictated based on the tenant quality.I do not believe in the 50% rule. 

Also, from the economy of scale perspective, it'd great to find another property nearby to get a f/t property manager on-board and maybe p/t or f/t maintenance person.

Will I be able to obtain financing through an LLC from a bank to obtain a mortgage?

I am now trying to wrap my head around what else I can say to the investigator as to after the email I wrote explaining the equitable interest and how I obtain it that still wasn’t enough!

@Alexander RosasHere's some information from the DRE in order to obtain a license with requirements:https://www.dre.ca.gov/files/p...Good luck...

But if it was a HELOC that's fine, because you still have access to the credit -- which you wouldn't if you'd obtained the funds by refinancing.