We pressed him for a proper itemization of materials and labor, to which he replied "it's my busy season and I have many other jobs going at the same time.

The idea is to buy a property such that purchase + rehab + holding costs are less than 70-80% of ARV so when you do refi after the required seasoning, you meet the lender's equity requirement without having your own money m remain in the deal.

I appreciate any advice, I'm not quite sure where to go from here unless I pass this deal, let my personal accounts "season" for 60 days, then try to purchase another property.

Are you sure there are no seasoning requirements on the LLC funds?

I heard Palm springs have vacation homes but only gets busy during one season of the year. 

Im going to buy a primary residence, but I want to AirBnB it during the high season in Phoenix. 

Yes there are programs that allow you to cash out refi with only 30 days seasoning and if you are a business owner there are also business financing tools you can utilize to buy these low priced houses and pay them off within six months or so.

😄If your just starting out or a seasoned investor you can learn so much. 

You'll also need to consider the seasoning factor for your property, which can be anywhere from 6-12 months.

From what I understand, that can waive the seasoning requirement a cash out refi would have and may have better terms.