We are just refinancing a loan.Here’s how it works:You create an LLCYou buy a homeYour LLC gives you a loan for the homeYou file the deed for that loan at the county courthouseYou use the money from the LLC to buy and fix up the propertyOnce the property is completed, your conventional lender comes to refinance the loan Your conventional lender runs title and sees there is a loan.Your conventional lender refinances you into a new loan, and cuts a check to your LLC in the amount of 75% of the value.Please don't confuse this 75% with a "cash out" amount.

You will realize that it is not as cut and dry as you may think, and more immediate concerns will require you learning how to properly navigate them prior to worrying about something off in the distance.  

I call bank wire funds done.. never leave my office at home... you guys have it tough you have to actually drive somewhere to transact.. cuts into your BP time..

We switched to USAA a couple of years ago and cut our monthly insurance bill in half. 

Just cut yourself a check for whatever amount you want and use it as you see fit. 

We cut the numbers a bit too close.

I certainly would prefer to avoid legal fees, but cutting him a check under the circumstances just isn't happening.

Because you have your work cut out on smoke remediation anyway (check some other forums on that) whether it is next week, next year or in five years.

In my case they didn't honor that and cut it short.     

You can also cut your teeth partnering w/experts and earn/learn while you get more familiar w/the markets.