It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I would do a HELOC, because if you don't want to take the money out you don't have to pay the interest, on a home equity Loan, the full amount is going to be advanced when the loan funds, and you will pay finance charges on the whole amount.We do investment loans on new construction, Typically we can do 60% of the land costs, and up to 100% of the vertical construction, not to exceed 85% of the Costs.Thanks,Dustin

Did your LLc pay market value for the assets?

When you own desirable real estate assets in great locations, you pay for it.

Backup plan was to retain as rental while paying down note and long play on appreciation, hedging against inflation.

Tenants pay for gas and electric, owner pays for water.

The only way home warranty companies stay in business is by selling policies and not paying out.1.

Some HML may be ok with desktop appraisal/BPO compared to a traditional lender.If you are doing renovation then the draw process i find private lenders to have more flexibility in regards to draws and number of draws. a HML is more convenient but you will pay for convenience. 

Depending on long term gain, sometimes paying $350/mo is not bad (until you have repairs and or vacancy).

Given rates, I an looking at about maybe 100$ a month plus after paying back heloc on cash out.