Note: I'm rather conservative in my decisions, so personally I'm more comfortable taking a smaller piece and not having to worry about stretching my credit too thin.

- HELOC: I've found one credit union here in Utah that has good terms on rental property HELOCs.

Good afternoon BP,I have been on a tear as far as consuming real estate investing information (BP podcast, books, forums etc.) while I pay off debts and get my credit & finances in position to make my first deal.

My biggest fear is going into a brrrr and not being able to be fefi'd becouse of my less than great credit...

With a commercial loan from a bank or credit union here you'd be required to maintain a Minimum DSCR (Debt Service Coverage Ratio).Let's say the bank tells you that you must maintain a 1.30x DSCR, not uncommon for a small multifamily loan like this.

I have a 750 credit score and about 36k in stocks and stuff. 

Good credit and am debt free.

@Ti Jackson You can go about this a number of ways depending on your financial situation:1) Line of Credit off of your personal residence - You need to have a good amount of equity in order to use this to fund your entire flip.

This should be mandatory when renting to college students because they have no credit and therefore are not concerned with you placing a collection against them.

Credit scores are 700 and 770, and we have about 15K in savings, ZERO debt minus our house (Thank you Mr.