We were not educated in the work and financial planning for such an undertaking.

Originally, we planned for me to handle the down payment with my HELOC, and my partner would pay me 50% of the HELOC payment each month while getting his own mortgage for the rest (75% of the purchase price).But it turns out he couldn't snag a mortgage for the full amount.

I plan on transferring my properties under an LLC due to partnerships and etc

The folks I know who work with them seem happy, but I know you have to pay for their strategic planning before they will onboard you as a client.

The Deal: - Need a growth story that is believable (value-add plan makes sense in context of asset and market.- Financial models need to  assume exit cap rates are the same or higher than purchase cap rates.- Comps support both acquisition and exit cap rate assumptions.

i normally don't worry too much about appreciation - what's your plan / exit strategy for the property?

My plan is to rehab this residential home I recently purchased, cash out refi- then use the profit from that home to finish up the church property that I  acquired and run a business out of that property.

I am planning too do padsplits in my current markets and know the best thing to do is add bedrooms and bathrooms but want to know if this will increase my properties overall value for a higher refi amount or if it won't change anything unless I increase the homes sqft along with adding the bedrooms and bathrooms. 

It was renovated to have an open floor plan, new paint, recessed lighting throughout, and LVP flooring.

Hi Emily, I would recommend talking to your real estate agent and your lender about your plans and letting them know what you are looking for.