Typically, they can give you the lowest rates However, another option that may be more beneficial is getting a LOC (line of credit) secured by the paid-off house.

The earlier you recognize this, the better off you will be in the long run "I was wondering if any lenders out here on BP are willing to play game...." is not the best choice of words.  

Hard money lenders, familiar from your experience with flips, remain a viable choice, although they typically come with higher interest rates and shorter repayment terms.

Wouldn't it be beneficial to pay for an hour of your cpa s time so they can guide you on how to categorize these things?

But we made one decision that history may one day show was the wrong choice--our rate is floating. 

I look forward to engaging with you all and building mutually beneficial relationships.Thank you, and I am excited to be a part of this community!

This can be beneficial for both your real estate investing and your personal life.

Having an experienced agent on your team before the rehab i think is very important because it is during the rehab when they can help add the most value by pointing you in the direction of what adds value to the sale, what finishes to choose and what to avoid, even what color paints are a good choice, insuring that your target sales price is not just realistic, but that it can actually appraise for that amount. 

Hi Sweta, having a business bank account for rental income is a good choice and choosing a software to order the accounting. 

She will tell you anything you want to hear and is not a reliable source of information.Personally, I would dig really, really deep or (my more likely choice) deny the application.