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.

Do you have a loan lined up? 

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

I couldn’t figure out who had to even sign the loan docs let alone the personal guarantees. 

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

@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. 

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

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