I found BP and now the sky is the limit!

That size would limit the number of life companies that would lend but there would be interest from a handful if the property is stable and in good condition.Freddie Mac also has a small balance program $1-$7.5M that would also be a good resource. 

Cash out refi will be limited 75% arv or 52.5k and interest rate around 4%.

Read the ordinance carefully and you’ll see where the limits are.

If I remember right there is also a limit of 3 in 12months....and all the ways people think they can work around this were eliminated from what I understand....trying to do 3 in Mr. name and then 3 in Mrs. name and 3 in an LLC and 3 in a different LLC....don't think that works any more.

There are time limits on how long you have to appeal.

It's what you don't know, and won't learn by just jumping in, that makes you real money...even though many think they are doing great using a divining rod combined with a dart board and limited knowledge. 

You only have to make the interest payments if you desire and can maximize cashflow or limit your cash out of pocket while completing renovations. 

Purchase price: $2,875,000 Contributors: Jonathan New Syndication investment, Limited Partner 28 Unit portfolio of multi family properties in Ocean View.

But they be looking jobs here.Taking 2 months security should work i beleive I personally don't use guarantors unless the renters are full-time college students and then I limit occupancy to one person per bedroom and I won't rent houses to them.