Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.

HELOCs are not available because they are residential loans guaranteed by individuals and what you seek is a type of commercial loan or credit line which are available to seasoned companies with proven financial track record.

Did you use a hard money loan for this? 

We're looking to get a construction loan to do 3 more, simultaneously.

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.

Don’t forget to include the cost of the loan servicer. 

Quote from @Burke Atkerson: With over a decade of real estate investing experience and over 100 flips, I now provide private money & hard money loans.

Get a 50% LTV loan and buy another property just like the one you own. 

They are pretty simple loans simple interest loans ,1- 10 years .

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)