The Architect working directly for me will provide me with more leverage and peace of mind. 

The smart direction; I'd be buying on terms.

Here's a good rule of thumb regarding how lenders feel about credit scores for DSCR using our school analogies:- 680 (B-)- 700 (B)- 720 (A-)- 740 (A)- 760+ (A+)Every 20 points in either direction will increase or decrease your rate. 

The capital gain is directly generated from the sale, but I could see the argument for separating it out in this situation depending on who's perspective you're looking at.That being said, sounds like you're aware of this already.

Self Directed IRA Funds How did you add value to the deal?

(although NY is a non-recourse state it may not apply to multifamily). 

Any recommendations on where to apply for a HELOC? 

Looking up lenders near me and go direct to them?

Being new to this biz, there is a lot of fear and trepidations associated with the "right" deal and a network of lenders, agents, contractors you can trust.My strategy at this point is 1, put my money to work for me, move my money into a real estate/ self directed IRA and then work into the fix and flip side of the business. 

@Michael Baum You won't be disappointed, I am so happy with that site, makes my direct bookings so easy.