Before you purchase a property, I would suggest going to your bank and applying for an increase in your credit card and line of credit limits (don't use them, just have more space available).

My credit union is holding these loans on their balance sheet but the longest term I can get is 7 years. 

Get a line of credit for $150k. 

As a contractor, if you're shopping for the lowest price you will have a bad time.

I know how easy it is to get burned and I always do BG, credit checks and income verification.

Are there any lenders that would be interested in giving me a line of credit on my rental property?

Hey BP,Do any of you use a separate credit card for all your business transactions?

Yes you can get a HELOC check with some smaller local banks and credit unions.2.

I've recently gotten out of debt so I have the credit required, however, I don't have anything significant saved for a down payment.I just had the thought of looking into taking out a personal loan with a bank to fund the down payment for my first deal.

The lowest is $698 for a small home and the largest is $1,006.