I read their cc&r and the only thing I found that relates to rentals is a line that reads “Property shall be used for residential purposes only”But I’ve reached out to the hoa and was told “Our HOA regulations say single family home which means No vrbo or short term rentals.”I’m getting confused since I’m fairly certain that single family home doesn’t mean what they think it means.

We've never applied for a line of credit but I'm wondering if it's feasible to do, especially for a place that we want to reside in rather than a place that we want to rent out. 

How much of a line of credit were you seeking?

I am happy to reimburse her when the accounting is satisfactory and I can see what was done and apply it to a line item.

Take a line out on it or refinance it. 

., there is nothing wrong with beautifying war-zone areas but just know that you have to be aware of the element that you will be surrounded by, keep the candle burning bright because you may have to spend a couple nights in the property to keep it from being rampaged, i haven't step into this arena, i prefer to go where the houses are selling, in neighborhoods that i know i wouldn't be afraid to live, but to each his own, if you can get a line of credit opened and then from there look into getting a mentor or someone who has done this before if you want to build your portfolio, it wont be easy but nothing is life worth anything is, do you duty and due diliegence and you should be alright, let me know if i can help keep posting but most of all keep sharing

Some lenders may allow you to go to a higher CLTV with a line of credit if credit and income is strong. 

Lending reqs are a little difficult right now to get a line of credit on non-owner occupied property.Give me a buzz if you have any questions.

We also have a line of credit as well that we could use.

Deal #1: 70%, Deal # 2: 50%.The lender is using a line of credit at 8%, so he does have interest expense, but not passing that on to us.