Thanks for all of the detailed responses, they have been very helpful.

I will post details and keep you guys posted on our progress.

If you have real estate experience it will be easier for you to get a pre approval letter because it is technically commercial property.Or you could just show the broker your proof of funds on the equity side and say your going to be buying with bank loan as well...so basically your LTV will be somewhere between 70-80%

This will give you an indication of how much to spend on details for your renovation

I also realize that we're technically talking about the funding of two different things (a multi use property and a retail small business), so even though we'd be 50/50 owners on both, I'm not sure the financing could cover both.Thoughts?

In case anybody is interested in local market information for Kansas City, here are the latest numbers for March 2018:If you want all the details, the 12 page pdf is here:  https://drive.google.com/open?

@Greg Downey - Technically just one refinance.

He can walk into a house in Baltimore and point out even the slightest details for the good and the bad.

@Chase Gochnauer OK, I'm hearing from my lender within 6 months its a technical re-fi and can only pull out 75% of how much you paid in cash.

Wholesaling in FL is only legal if you are licensed or you own the contract/property.I'm sure @John Thedford will come chime in with more specifics and details for you.