You can reasonably expect around 2% for loan costs, plus title / attorney cost of another couple hundred bucks. 

What was the average price of the first deal or first couple deals that you did?

Both properties will eventually need some sort of work whether it is now or a couple years from now.

I am a brand new forum member, currently educating myself on investment real estate. 

I have a property management rental/sales company and a couple separate LLC's for personal real estate holdings. 

@Dan L.There are a couple of options here including:Cash out Refinance - this should be able to get you somewhere in the 60-85% of the value of the home.Get a HELOC - you can also tap some of the equity by getting a HELOC loan and using it as a down payment for additional properties. 

Left a couple small areas of 12" ceiling tiles (didn't paint or anything) and they don't smell.

We’ve had tenants point out a couple minor chips in the kitchen tile floor months after moving in.

There are a couple rules with transactions like this, such as you can't live in the property and you can't  physically work on the property.  

@Emily Griffith soo a couple of things.