I've got a list of 10 banks im calling today to try to get a line of credit on a leveraged rental property!

Should anyone look they would see there is not much to get as the bank/s own most of the property.

Hey @Joe Scheffold.As of June 2018, most banks will lend 75% for an investor buying an investment property. $25,000 means the most expensive property you can buy is $100,000Without knowing your situation or location, consider house hacking.

For me, the banks are loaning 70% LTV on my properties (currently duplexes) when I refi and personally I want to keep 30% equity in each property to protect for any market correction. 

When that happens and the bank lists the property, those liens get wiped out.You have to bring a cashier’s check to the courthouse for at least 20% of the sales price.

Banks will often turn you down if you're over 35%.To calculate, take your total monthly/annual debt payments (including a potential mortgage) and divide by you total monthly/annual income (pre tax). 

How much cash do they have in the bank after the purchase?

Tenant is required to have a bank account or credit card to pay online.

I also want the property to qualify for refinancing without having to use my personal income or tax returns to do so, as I am a 1099 employee and have only been at this job for a year so I really wont qualify.I talked to a bunch of local banks and they all basically told me that I need to come in person to meet with them. 

My experience thusfar: Big banks can't do anything with small commercial loans.