That can happen if you buy a home that needs a little TLC or renovations and after the upgrade the new ARV might put you at that 85% LTV or lower, possibly even be able to take cash out.As a first time home owner you can use FHA 3.5% down or Fannie Mae 3% down (single family).

Purchase price: $45,000 Cash invested: $12,000 Sale price: $124,000 Old single family home I flipped with some structural repairs, sanding and refinishing original hardwoods, new kitchen, light bathroom update, paint inside and out, and other cosmetic touches

Try McColly or also I think Wold Realty is dually licensed in Illinois even though they are more active in northwest Indiana.  

I live in NYC but open to a lot of the mid-west/central markets given lower entry price.If you're looking to get started like myself, or even wants to invest together - feel free to reach out!

Some bills for utilities were verified but others have no accompanying receipts / invoices and even double charged. 

Not even the same ballpark.

I think some of your exit strategies could be to reposition and add some unique features to your rental to attract more renters and potentially drive a higher price, 1031 exchange and move it to a different area or even market.

More or less, we give you a bridge loan to buy the house even if your debt to income ratio is to high with both mortgages on your ledger.

Sellers don't want to go down at all even though we try to offer good terms. 

Withholding would be required even if there was no trust or LLC involved.