@Chris Lopez is knowledgeable with various investment strategies that work well inside the 470 loop and beyond.

I will make contact with bankers all this coming week to see who can help me, I could keep you updated if you would like to use this same strategy. 

But I am not for sure which investing strategy is the best one in the progressive & affordable market that I am in (unlike the more expensive California areas).

Hi BarbaraI'm in Fort Pierce as well but tackling the buy/hold strategy.

Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money back in the first year.Does anyone use, or has anyone else heard of, a better strategy than that?

Obviously we have 2 different approaches and it could be useful to show Patrick contrasting  strategies. 

Great strategy, keep it growing!

Check out J Scott's book on Flipping Houses, it would be a good resource if you will go by that strategy, Good luck. 

For me, investing out of state if the better strategy especially starting out.

The following is the strategy I think may work.