& unless you can get access to the run it will be tough to clear.

The next year will be a great time to have access to cash, so I would get the ball rolling now!

When the initial purchase was an FHA or Va loan then you will need to refinance that property in order to get access to that loan again. 

It's close to the city with commuter rail access 0.5 miles from my house and a great school system, making it one of the most sought after towns in the area (neighboring properties have sold for much higher than their asking price in recent years and we are constantly receiving mail from investors interested in buying the property).The property is in need of extensive renovations, a majority of which seem to be cosmetic (kitchen, bathrooms, flooring, etc.), meaning that there is significant potential in building equity by buying the home and doing these renovations and attaining a high ARV.I will most likely have the opportunity to purchase the place in a direct below market value. 

If you're working with a commercial lender they will most likely require this.Make sure in the due diligence period you get access to each and every unit.

Im have access to the MLS in the bronx if you want a second opinion on the value with comps and any lender recommendations if needed!

Unlike banks that have access to federal liquidity facilities, nonbank mortgage servicers rely on financing from commercial banks and private firms."

I will schedule showing to the tenants if they are willing to share their ID and providing access to the property.

I will be removing/replacing the dry wall to make the pipe accessible for the plumber, I would also like to re-drain 2 kitchens and 2 bathrooms.

Once you pay it down, you can access the credit again, and pay it down again.