I hope this post is allowed.I’m starting an initiative in Charleston, SC for children, to teach financial literacy.

Initial ARV we put on our sheet was $94k and this was based on comps but since we were a complete renovation we felt the $85k and $90k were not as nice and thought we could get more. 

So initially i was told by my loan officer that did my refi on my primary, that if i tried to do cash refi on my rentals that i would run into the 6 month seasoning rule. now after 4 months I spoke to his manager and they are now saying that because I bought the properties all cash, the 6 month seasoning rule does not apply?

You're getting $30,000 off of list before finding this out, so would you say that the house is the 'fair market value' or below with that initial reduction? 

That property could cashflow ~$20K a year....much better than that initial $100K upfront check! 

when i ran my initial numbers my profit margin was only about $5000, if everything went smooth. of course i went over budget, im in a very small town, my reputation and learning meant more to me then profit. however, luckily the market went up and and i was able to make a profit.

The initial hard credit pull will ding you a few points as any credit check does.

Hi Christine for heloc I approached m local community bank that as initial 1 year tier rate 19th 10 year draw, I only was able to find 1 bank that offered on my Vacation home- Sandy Spring Bank. 

 That was initially the plan, a passive investment for retirement.

Trust me, it's way easier getting financing, and it's nice having the security of some income coming in initially (not to mention health insurance if you're not covered under a spouses).