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. =)  

Having owned property in rockford its not a great appreciation area so getting a HELOC will probably take 5-10 years based on loan pay down and maybe some slight appreciation.

Hi Henry,I'm a licensed loan officer in Georgia, if you need help with anything up that alley, let me know! 

HUD.GOV is originating source for FHA loan info.

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!

You just can't beat the financing available, the rate is good but the LTV (96.5% on FHA loans) is unbeatable.

I'd also be careful when using a heloc for the down payment and getting a loan on top of it due to the zero equity situation -Be safe!!

Understand what you are investing in....is it a secured loan, unsecured loan, membership interest in an entity that deploys capital like a feeder fund or direct membership interest in an entity that is the deed holder? 

I can check in with my local bank, but I don't want to waste their time when I'm not yet serious about doing a loan with them.   

They'll loan on a rental portfolio.