Would a HELOC or home equity loan on my personal home be a good idea to fund this?  

Does that fit your personal criteria for a return you'd like to get on your investment? 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

This is generally correct, DSCR loans do not look at all at your personal income.  

I think I can open another personal checking account at the bank I already have and it'll be under my name but i'm trying to buy out of state rentals with an LLC I own.

The factors to consider are your overall objectives, your credit score, DTI and personal financial condition I recommend you find a broker or originator whom you can trust and have them weigh your options.

If the loan officer asks you about your debts, you can ask clarifying questions such as are you asking for personal debts or business debts?

You also have the option to close these DSCR loans in your LLC as opposed to your personal name.Our team finances just shy of 100 DSCR loans on a monthly basis.

I would personally use some of that equity and get started with your first property.