Looking for helpful hints, direction, words of encouragement from the BP family ..

Look forward to more interactions here!

I found that by asking around to several banks, I found one that would lend 80% of ARV, and wrap the rehab loan into the process.I had to jump through a few more hoops along the way, and prove out the opportunity with market/neighborhood info, but since I was new to the process(only a few years in...first big rehab opportunity), it was good to have an extra set of eyes confirming the opportunity that I saw for sure.Terms were much more favorable than hard money.Sounds like you are ready to call around to a few banks...I would encourage you to make sure you have some smaller local banks on the list too!

@Domin Car,I have been able to negotiate with my local portfolio lenders to agree to supply loans on properties that are outside of the geographic region.I would encourage you to talk to some local portfolio lenders (i.e. bank loan officers) in your area and explain your venture and bring your professional portfolio to show them how you have successfully operated those in the past.With the line of credit that you should be able to pull from your other properties and depending on the leverage you're looking to position, you may have a good case for a lender to work with you if you ask enough people.Good luck!

However, eventually you are much better off holding property long term in some kind of entity like an LLC or corporation.Most estate planning attorneys and those looking to limit liability will encourage you to start an LLC, and then place each property in a separate trust, with the LLC as the beneficial interest. 

Video games are interactive, TV is mind numbing - but I digress) , and adding collective wisdom to my REI knowledge banks.However, if you'd like to create fruit from your time, here are some suggestions:1.  

Thanks for your time, and look forward to interacting with you all in the future.

If I have a good brand on BP, it is ultimately not because of my pretty logo, but because of the interactions I have :)Even you think I'm a pretty smart guy - you told me yourself...lolWhy are you picking a fight?

BP has given us the courage, understanding and the great community I've been reading in the forum is very knowledgeable & encouraging.

We all have different opportunities that are presented to us, or that we have access to via our varying networks of interaction.