Scaling with Business Lines of CreditAs your business credit grows, you’ll qualify for larger funding opportunities such as:Business Lines of Credit (LOCs): Flexible borrowing for down payments, renovations, or operational expenses.Unsecured Business Loans: Access up to $250K or more without tying up personal assets.These financing tools allow you to scale faster while keeping personal credit utilization low.5.

Then I’d pay those loans off within a year with my cashflow.

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.

Then a Civil Engineer, an Appraiser to determine what having a four unit would be worth, then a loan using the evaluation.

Quote from @Gary Bonds: Any best practices when attempting to secure business funding from a bank, in the form of a loan or credit?

Do you have a loan lined up? 

@Ahmed MoustafaThe general Fannie Mae guidelines you mentioned are for non-renovation loans. 

@Brett Riemensnider You can claim expenses related to your rental property, even with a homestead loan, by allocating costs based on the 75% rental usage.

That being said, it's very difficult to get rents to even cover PITI payments at 80% loan-to-value in Utah these days. 

If you are going to get a conventional loan, you must buy the property in your name.