It would cost me $13,835 to get down to 6%, which would give the best value over the course of the loan.

Required good credit, adequate reserves, full doc commercial loan with a personal guarantee.  

Figure and NYFTY are easy automated HELOC programs with super quick closings (I did one for a client that funded in like 72 hours from loan app). 

I can go Home Equity Loan route: HEL would equate to roughly a $600 monthly payment (dependent on rates).

However, don't have any of those loans anymore (most paid off).The only thing I do that you don't, is use trusts, and love them and they have saved my bacon a number of times.When you said all those loans have paid off, are you utilizing other methods than Sub2 at this time?

If you are considering working with them, I strongly advise you to double-check the provided rates and terms carefully.During my loan process, I discovered that they had added a yield spread interest without informing me. 

I would like to do some type of loan or HELOC product to renovate the common areas and a few units. 

Yes but depending on the loan type they may want to understand what that payment is.

I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

I have closed three loans with The Mortgage Shop.