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.

When deciding between them, look for flexible memberships, no high-volume minimum, and customer service to help walk you through the process.

I’m flexible to other areas as well.

You might want to check with local credit unions or community banks, as they’re often more flexible with second mortgages. 

However, we typically use the FHA-203k loan because it involves a renovation, which I highly recommend if you are looking to really boost your equity and have the cost of the renovation wrapped into your loan with a VERY LOW AMOUNT OUT OF POCKET.I like the FHA loan, but honestly, the Fannie May Home Style is an even better product at this point because you just have to bring a bit more cash to the table 5% vs. 3.5% (w/ FHA), but you have a bit more flexibility.  

I am only familiar with Texas and while there is sometimes limited flexibility it’s basically 100% due at sale.  

Scripts will only get you so far, once you open up the conversation you need to be flexible with how the conversation flows.

I’ve had some success steering clients toward portfolio lenders who can offer more flexibility than the big banks.Another thought: have you considered diversifying into asset classes that might generate better cash flow even in today’s environment?

Some banks and credit unions are more flexible, especially if you have a strong financial profile.

You have the flexibility to show your own units and manage turnovers, etc.I see a couple of nice multi-family properties in your area for sale.