I would spend some time working on the formatting to make it as simple as possible to understand for a banker or buyer.

@Dwayne RoweWe did a consolidation loan through a commercial banker (basically a multi-property DSCR loan) where we took out one loan that paid off 5 higher interest rate properties, and took out cash as well at the same time.    

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home I do want to also add that my banker who is the VP of lending and branch manager has been banking me for 30 years..WE have been through all he ups and downs including the GFC were I got almost totally wiped out financially..

I'd talk to a banker anyway to see what they might be willing to work out with you. 

Personally, and what I would do for my clients, I would connect with a local community banker to discuss the property and see if their bank would entertain this type of financing (not all banks like doing this type of deal).

Yes, that's the plan and I have bankers lined up to invest through the CDFI but, per the guidelines, I need a track record as a fund first to qualify (the bankers also want to be second round or later).

I was a banker for years, so I know the inside scoop on how a bank views a HELOC.

Talk to your banker about your plan.

MBA is the Mortgage Banker Association if you are not familiar.

I have spoken to both a mortgage banker and a modular cabin company and explained our situation.