I would use the HELOC for a down payment on the prospective investment property and then try to secure a conventional loan(right??).

Given your situation, we can look into options for securing a loan for the land purchase.

I set everything up as I understood it in this thread, with the security deed to my LLC, which i am sole member. 

My question is, should I pay-off my primary residence mortgage to 1)Get peace of mind and some sort of security 2)Opportunity to borrow from my equity if needed 3) Extra cashflow to save and invest in another rental property in the future OR should I keep my primary residence mortgage (due to the low interest rate) and purchase another rental property instead?

Carry interest of any debt secured by property.I don't believe "necessary" is a word in the statue.  

I'm fine with combing the market for deals, just trying to find a way to legally secure financing without a due on sale clause raining on my parade.

The journey's been exciting on my end, especially helping investors secure the financing they need.

It’s important to work with someone who not only offers the right terms but also makes you feel secure in the process.

I have $70K of my own money I can use as a down-payment, but am looking for someone to finance the rest ($280K) as I'm a real estate agent and am having difficulty securing a loan from a traditional bank in a timely matter.

I’m also exploring the idea of starting a nonprofit dedicated to this mission—helping youth get acclimated to real estate investing and setting them up for a financially secure future.If anyone in this community is interested in contributing or being involved in such a venture, I’d love to connect and discuss how we can make a bigger impact together.