, and get going on re-tenanting at market rate.Now I just need to get the proper forms without breaking the bank!

Thanks for the reply Steve,I talked to a local bank (Citizens Bank of Kansas) and would be able to put 5% down on an owner occupied conventional loan.

I saw water rights (no land) for sale on 40 acres near Greeley being sold for $1.6 million earlier this week.Folks don't agree with me, but Denver Metro is tough to make money on at the moment - it's like squeezing blood from a turnip.I bought a house about two years ago in Fort Morgan - bank foreclosure for $22,500. 

Part 2 of this question... the forums and podcasts always talk about keeping your W4 job to show the banks income stability. 

@Robert Herrera Wellsfargo Bank.

Difference is it doesn't cost the sellers a dime since it doesn't get marked pending under those circumstances until the bank approves. 

Hey guys,Looking to get a 65% - 75% cash-out refinance on a free and clear property in Riviera Beach, Florida.The property is owned by my LLC.If anyone knows of any banks or lenders that will do this I would love some recommendations.Thanks

If I pursued the 1st strategy, how common is it for local/regional banks to make residential loans to LLCs with personal guaranteees?

Unless you have a commercial bank sponsor who knows your plan and you have a track record... just saying... if I was a bank, I wouldn't lend a penny without a lease or current (stumpage, most likely) valuation. 

While cash-flow analysis is absolutely necessary when considering a purchase, banks and appraisers will look at recent sales of other similar properties in the area.