Always better to do each loan solo.

@Matthew Kwan I believe it depends on the type of loan.

So the loan for the rental shows as a debt but the income is not reported to the bank where we are trying to get the new loan.

For this deal my family member would like to loan us the money to go towards this next property rehab. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

We syndicated 75%, plus costs of the purchase price and financed the balance with a traditional loan.We shopped around for weeks to find the perfect loan with the best rates and terms.

After inputting all the data, they provide a review that includes cash flow, Cash-on-Cash (CoC) ROI, and even a graph to estimate the property's growth through appreciation, yearly cash flow growth, and loan paydown.

So keep that in mind when you get your loan. 

My plan was to do a Home Equity Loan and the STR income will pay off loan in maybe 3 years. 

Lot's of lenders will want local (boots on the ground) to feel comfortable doing a loan.