We use private funding to pay cash for properties and then refi out (BRRRR) into bank financing.

For the past 9 months or so, she has just sends me rent through Zelle with our banks.

I'm told that there are some banks that will fund 75% based on the after repair ARV.  75% of 1.2mil is $900k

However, I've called a range of lenders (banks), small and large, and so far none of them are willing to issue a HELOC for non owner occupied investment properties. 

Had another bank quote us on an investor type loan at 5.25% over 20 years with a 5 year lock.

They want $3000 dollars from me (I have 3 properties, each received the attached letter)This is the kings men poking you with a sharp stick and demanding your coins.

I would like to do the BRRRR strategy if possible, but at a minimum want to purchase a SFH buy and hold in my market.I have networked and lined up most of my "team", now trying to establish a relationship with a local bank in town. 

Everyone seems to recommend separate bank accounts for the business (as landlord, collecting rent, paying expenses, repairs, etc) and personal.My question is, since I live in the small unit (maybe 40% of the sq footage of the building) and rent out the other 60%, it's unclear which account I should use for the roof replacement that is going on right now. 

Banks usually require to use your personal name on the purchase contract. 

CorrectI was planning on talking to my realtor and see if the ARV  is what I think it is and talk to the seller see if he takes 120k and also talk to a bank to see if I could de a cash out.Thanks Victor , I just might do that