Hello everyone I have a question I’m hoping you guys can help me with I plan on using HM for a Brrrr strategy after the property is fixed up and ready to be refinanced into a conventional loan what requirements do conventional banks require you have to refinance I understand I do need good credit which I have but do they look at Dti’s  besides good credit thanks for the feed back I would like answers for both conventional residential and commercial loans 

I would definitely try to get a heloc, but most banks lend .75 to .80 of market value less outstanding loan. 

That means a separate bank account for each series property and a separate set of books. 

All the lease option/executory contract issues only apply to consumer transactions (intended for personal use and enjoyment; that includes 1-4 residential units). 

That will make the bank a lot easier to deal with, since you're showing income.And yes, you used "ARV" correctly.

And it's worth money in the bank.  

I am enjoying for the past 2.5 years the results of self development and Grant Cardone's teachings, knowledge of Bigger Pockets, Eating up all the books recommended by guest.

I doubt a bank is going to allow for a future not built garage before close, too many contingencies could go wrong.Best option.

For your debt to income concern: Yes, it can be a very real problem, especially with traditional bank lenders.

We then approached the bank to refinance, and the appraiser (I think partly due to my wife's keen eye for decorating) valued the home at $215,000.