Hello, if I have a HELOC on a primary home and I move out to convert the house into a rental property, do credit unions/bank typically have an issue with that? 

We started with $1MM of our own capital, and have since grown to about $25MM through raising private money and utilizing bank lines of credit.

You'd be banking on 1) your business partnership to work out, and 2) living together to work out.

There are bank statement loans, non traditional financing.

He simply wants to be 100% done.Given the above mentioned scenario, I am wondering what the best possible situation would be to make this happen, while possibly still maintaining the option to pull out equity for capital improvement projects with a bank. 

I have a standalone former drive thru bank that is now a vet clinic. 

Tips: pull your own FICO score and call the local community banks and credit unions near you and ask what rates and terms they offer with a FICO like yours.  

I think its best to try and find a local bank or credit union to finance this. 

The closing cost and associated fees often add up in these transactions.In the examples that I saw … Essentially there may be a mix of private/creative/bank money to get the asset initially.

Here is an excellent article on housing market expectations on appreciation from one of the world's top investment banking firms Goldman Sachs: What are some of the big differences you’re seeing among US regions?"