Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.

Quote from @Eduardo Perez-Borroto: Since the HELOC was not used on improving the home you cannot deduct the interest, nor use that to offset your capital gain.Would adding a battery bank system to my solar panels count as home improvement? 

Bank Credit Line How did you add value to the deal?

I would get on the phone with a local lender through a local bank. 

I know PA has a process to go through before you start a foreclosure, but have never seen a requirement to offer a mod.Sure, https://legal-info.lawyers.com/bankruptcy/foreclosures/delay...Under the Dodd-Frank Act, the bank must first wait until the payment is more than 120 days overdue."

Proof of funds would be a bank statement or some other document indicating the liquidity you have.

Since i had capital and had access to my commercial banks for the best rates possible on vertical and horizontal loans..

I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.

Any local bank that does this kind of financing should be able to approve you as long as you have a good enough credit score and never declared BK.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.