@Cody Caswell there's several things to ask about here that might not be answerable in a forum:- Why do you need an FHA loan?

I refinanced it into a  5% 30-year mortgage with a local bank as the seller would only carry the loan for a year.

Loan administration can have a huge impact on how much cash is required to advance projects.

Your personal loan has a 5 year balloon period.  

What loan size and loan to value?

The two existing LTR units (on my family’s property) were built 5–8 years ago at a cost of about $80,000 per unit, so I’m estimating a 20% increase in costs for the new builds.My plan is to use the equity in the land as the down payment for the construction loan, which I expect will make closing costs the primary upfront expense.

@Jordyn Ohs Assuming your heloc is re-advanceable and the rate is higher than your mortgage, I would suggest you pay your HELOC down as quickly as possible with any cash flow from the properties.

Just curious if anyone has used All Loans Funding for DSCR loans?

I assume you’ve got a loan that says you will be living there.

I am sure the interest in that hard money isn't great.All DSCR loans I have seen require at least 12 months.