For clarity sake, the previously mentioned "cash" term refers to liquid cash (cash in my bank account) not cash-out refi. 

What would be an option for financing.would the banks be willing to lend.what would you do in the situation.

In her book she said if a investor put a deed in a land trust to cover up the due on sale clause, this action could be consider a mortgage fraud; because if a court rules that the intent was to keep the bank from exercising its legitimate rights by hiding an important fact (deed transfer), I can be accuse of mortgage fraud.

You have an asset that in 5yrs time will be worth more (in theory) and you can always go to the bank to lend against.Plenty of wealth in Chicago so if you buy right you should it should set you up for good appreciation growth.

But the list is a CASH/REHAB only.. the bank will not accept a FHA or Conventional loan, and the property needs major work.

I would be up front with the bank about it though, and ask if transferring to a single-member LLC triggers it.Normally just because the clause is triggered doesn't mean that it is enforced. 

Or sell and bank the money.

I am in contact with someone from their bank and want to check here first before doing anything.On that same note, I'm looking to connect with 2 private money lenders just to network and see how that side of the business goes, and possibly use for a deal that I have going now,and for future deals. 

@Adam Webb, why is the bank willing to refi if that will make cash flow negative.

I am looking to find a local bank/lender that can provide a commercial loan on my future purchases.