A bank may offer 80% LTV rate/term refinances but reduce cash out refinances to 70-75%.  

We recently closed on another deal very similar with a local bank and the SBA.  

Using leverage is fine... its the level of risk, and each investor has a different plumbline by which they measure how much risk is comfortable.I keep my properties in separate bank accounts. 

I know that I can contribute toSolo 401k $18500 + 20% Employer contribution $5500 towards Traditional or Roth IRAAnd then there are SEP IRA, SIMPLE IRA etcI am wondering what combination of retirement accounts gives me the maximum contribution to the retirement accounts.Can I do Solo 401k + SIMPLE IRASolo 401k + SEP IRAPlease adviceThanksChai

If it is the actual foreclosure auction, not a REO auction, the bank can only collect up the final judgment amount.  

@John MoonGiven the information above, I believe you have two good options: 1) Finance all three separately on conventional, FHA financing (under 4 units)2) Approach a local bank on the deal.

That's a bank requirement.

The new property, SFH2, is worth $115K after the rehab.John now owns SFH1 which is worth $125K, SFH2 which is worth $115K, and has $10K in the bank. 

I even tried withdrawing some credit from the Bank of Mom, but alas, the bank was tapped out and the best I could muster was about $2,000.

I own 3 properties two are in contract I am the bank the third one is going into contract soon.