Current lender is Chase and they do not offer HELOCs.No real interest in Home Equity Loans as they are not as flexible as a line of credit.Looking forward to the convo!

However, getting loans under LLC is very hard in PA. 

I met a new investor, with contracting experience, at a local real estate meet up and he is interested in doing a flip using a hard money loan, renting the property out to his girlfriend, then using a FHA loan to buy it so he can live in it.

Any pointers on how should I run numbers to compare two cases.Case 1:  Rent home A, Buy Home B @7.5%, with potential refinance at 3.5-4% ( ifff thats feasible ) after 2 years, once the rates are down. ( i know high hopes , but I dont think 7.5% is the new normal ).Case 2: Sell the home, get equity out, pay the whole equity ( dont know if thats wise ) towards downpayment of home B, reducing loan amount to approx 320k. 

I'll cut and paste what we send out for the initial approval for a loan on multi-family, but it's similar to what we ask for for a MH Park.

I'm very conservative and want conservative leverage percentages, long-term fixed rate loans, high skin in the game and sponsor that has experienced at least one full real estate cycle and lost little to no investor money.

Owner occupants have access to all sorts of loan types and programs that investors do not.

Construction Loan How did you add value to the deal?

Investment Info:Small multi-family (2-4 units) private money loan investment.

Get yourself educated on VA loan process through dealing with VA approved lender.