Purchase price: $120,000 Cash invested: $60,000 417 old falls blvd is a multi use property having office/ warehouse spaces on 1st floor and a 3 bed 1 bath apartment upstairs.

I email them leases and collect money on any free cash app of their choice.  

I actually just did a dscr loan to pay off the hard money I borrowed on the second property (where we live and rent the actual house) I estimate the appraisal to come in around $215-280K which if I were to take out 80% would barley give me enough to buy anything in the FL market and have cash left over for renovations.Not sure if im missing a step here or if it might be best to buy an auction home with that cash to flip and have more capital to have more deal options. 

I have the cash to put down 20% for the build but I want to keep it to put it into another rental property after this is complete. 

Return ALL security deposits to BOTH of them in a check written out to both of them so that both need to sign to cash the check.

This led me to refinance my 3 property portfolio to pull some cash out in order to buy 2 more.

Let me know if I am missing anything for the process.This is going to be all cash deal.

Will banks have any issues doing a cash out refi on deal like this assuming i meet all the other qualifications such as credit score and DTI.

While living there, we'd like to live for free, and after moving out, cashflow at a net amount $500-1000 and have a property manager manage it for us. 

Purchase price: $50,000,000 Cash invested: $50,000 Limited Partner Syndication