I started at 10% but now I pay 5% and in the process of doing internally (due to economies of scale) but as you grow or acquire new properties, try to always improve your terms.

Are there any entrepreneur/real estate friendly refinance lenders out there or am I stuck being a flipper until our credit improves and we have been in business longer? 

We've held out hoping for long term appreciation but are looking to be more aggressive with improving cash flow.

If your counter is still in good shape, wait until before you sell, so you can list as new granite counters, and I believe there are different tax treatments if you do improvements right before sale versus just updating a rental, but I'm not an accountant, so not sure.  

I can provide specific numbers and figures if anyone is interested, but a quick breakdown of figures pending the rental income I believe is a good price (lower than a rental analysis I had done on the property) - we would come out essentially even annually or maybe barely in the red (if we are conservative with savings for improvements, maintenance, emergencies etc). 

Giving you time to improve and/or stabilize the building as necessary so you can get a loan and getting the seller their cash.

Hello @Aaron KaplanI'm a contractor that specializes in rental flips, fix and flips, Tenant improvement's, etc. for commercial and residential properties. 

My wife and I lived in the property for two years, improved every feature, and ended up selling it when the time was right. 

I will use some of this money for projects to fix or improve the property, as long as it’s above 3xPITI.

The only common scenario where we’d recommend buying a condo as an investment is if it’s going to improve your life in some way (you plan on retiring there in the future, a kid will be moving in the area in a few years for school, etc.).