Tyler, after Lehman you need both a 750+ FICO AND a 80+ PayDex which will require a EIN/DUNS maybe reporting vendors/suppliers or you can go directly into business credit cards if you have a good FICO and then credit lines/loans after those are reporting.

Is a Line of Credit more beneficial as to have the funds readily available?

But to me there’s no way the project can be successful if it’s bought above my bottom line number, unless folks have $15/sqft - $20/sqft construction budgets.

Unfortunately, all personal lines companies will have a 3-5 property limit before they turn you away.Once a landlord gets beyond 5-10 units, they should really be looking into options with a commercial insurance carrier. 

Once you pay down mortgage, you can't get it back out until you sell the house (or pull out a line of credit).

Or you could just get a personal line of credit. 

They have point of use options for low cost install or an in-line option, which may require a plumber to install, but they are more concealed and permanent.

I applied for a building permit with a zoning variance for raising the roof line and extending the rear wall.

Again, they are selling 2 buildings each with 4 units, each unit is a 2 bed 1 bath.

I only own 3 properties, if you own more (or have mortgages on more than 3), cant remember, they will not do equity lines of credit for investment properties.