I'd like to just save the cash flow and not touch most of it for the first several years to build up an emergency fund.

It used to be mutual funds where there was a day long redemption period, now it's effectively real time.

We have verbally agreed on the terms of the loan, but neither of us are sure of how to begin the process.I have found a property, but in order to make an offer on the property I will need to show proof of funds.

If you have a sizable amount in your IRA it is possible to access those funds prior to retirement using little known loophole. 

The refinance process is just like a new loan.Go to the lender and fill out the application, provide documentation they require and they will give you a sheet with the estimated fees for funding and closing.

We have funded the accounts and established business credit enough to make our first purchase.

There is no limitation on interest deduction if you use the funds fro rental.I would also suggest comparing interest of heloc and other cash out option to see which one is most favorable. 

We look at (and occasionally help fund) deals all the time so feel free to reach out with anything you find and will be happy to give you our perspective. 

Originally posted by @Jye O'Brien:@Engelo Rumora if I was to do it where would I start to find finance.Great questionI don't even know who funds foreign investors It would mostly likely be asset based lenders like a Lima One Capital, etc...Much success

@Leo Kwok Good to hear the story and would like to know the financial side of your project, do you pay the purchase and fix all cash or other funding method?