It can help build some incredible relationships and really learn some great tips from the pros!

The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements. 

A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity. 

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

These programs offer options for less money down and in some cases DPA - Down payment assistance.As a banker for over 18+ years I am very skeptical when I hear a new name in the business only because its become tougher to lend with all of the new laws and credit/insurance requirements and regulations.  

Of course credit card is going to be like 3.5% but it does kind of such because it's already hard to get tenants to pay it lol. 

Welcome to the community and be ready for a huge amount of information at your finger tips.

A business line of credit through your LLC protects personal assets, builds business credit, and may allow interest deductions, but it might be harder to secure for a new LLC.

You would want to look for an owner that has a loan through a bank or credit union or one that has no mortgage. 

You can look into switching to a local credit union or portfolio lender, as they tend to be more flexible with regional policies.