They finally get back to me after the close date to say they need more time because they are try to cross collateralize their other properties to make this deal happen and the bank they were using doesn't do this kind of loan. 

@Brandon MorganIf the loan is in your name I would not put it in LLC I would just a good insurance policy.

@David Matarazzo  Did either of you move forward with them for property loans?

I see little benefit in the FHA as an option as long as the 5% conventional loans are available now.  

Here’s what made a difference for us:🔹 Mortgage Relief – Many lenders offer disaster relief options like payment pauses or loan modifications.

I'm curious why you want a HELOC instead of a conventional loan in the first position.

You could use a HELOC, but with VA loans you have an allotment so you can get loans on more than one home depending on how much bandwidth they give you.

I concur with @Joe Davis and do the same with my company, however I refer other loan types outside of Transactional Funding loans to others.

I am pursuing Fannie Mae’s 5% Down Multifamily Loan.

Doing a 75% 1st mortgage and 15% heloc or heloan would likely give you better cost of funds all around.If this is an investment property, you can do 80% cash out refi using NonQM loans such as DSCR loans, but at a higher cost/rate than if you stick with 75% loan to value.