AND, the blended rate between your current rate and whatever the HELOC would be, would still be less than if you just did 100% of the capital stack as a cash-out refi.I think of my HELOC like a low-rate credit card secured to my house.

This way you have the fixed rate on the mortgage if you did not pay cash and a variable rate on the HELOC that can adjust down if rates come back down rather than doing a cash-out refinance and locking a higher rate on all of the debt.Basically, the goal is to have a lower blended rate between the mortgage and the variable HELOC.Happy to help!

I just got a blended rate in the 4's. 

In the past I have used Lima One Capital to refinance rental units paid for in cash and they would lend on a unit as long as it appraised for 60K minimum if it was blended with other units that were above 100k. 

There's more to it potentially than above....I always suggest you have title company tell you what you need and who has to sign.There can be issues about when they purchased, do they have kids, do they have blended marriage, was there a will, etc.

By default, I believe all LLC's are initially classified as partnerships, but you can elect to be classified as an S-corp by sending in a form to the IRS.Also, if you have a separate bank account for the entity, this makes tracking income/expenses much easier too since it isn't blended with your personal account.

Also, a good installer could just mix the lots around a bit and it would blend out. 

Also, a lot of the associations have been able to blend investor and owner occupancy very well and keeping HOA fees current.Depending on what type of cashflow and buying capacity condos could be a nice move or buy something that can be condo converted down the road.Let me know if you have any questions.Regards,Joe Scorese

With larger Parks a blended average of 3-5K if you have a mix of 70s through 2000 model type Park Owned Homes.Best of luck.

Get the seller to give an interest rate lower than the first position lender with a 30 year amortization if possible so the total blended interest rate goes down more.