They loaned that money to you, not the LLC, so they'd prefer you keep it in your name.

I prefer more of a use it or lose it, but not a fee against an hourly agreement. 

@Lisa Graesser @John Underwood very re assuring!

Check a 2, 3 and 4 mile radius To assure that the square footage of storage per person is on the low end.

I have tried both -- I prefer cashout refinance. 

It's not because they don't want to send them to you, it's because there are less of those deals and they need to be assured whoever they send them too, they will close and won't get scared off with a few challenges along the way.

Although, as a Realtor, I prefer to stay on the investment side of things, I do take on an occasional residential buyer.

Rest assured; you will always have issues.2) Ask your lender if they are also in the flipping or construction business.

BP has a great book on the subject to help in you education.Be sure you understand how to estimate rent, costs and reserves to try to assure you have a positive cash flow on your first deal.Save your money and rents to make your net purchase after living in the duplex at least a year and several days from that first closing.   

Is there a way to have the seller give us first choice (preferably at same price) when he does sell?