Borrow $90,000 HELOC.  

You, the borrower, should know that the three major private/hard money loan requirements are credit score, reserves, and real estate experience.Just be aware of that.

I'd expect something in the 70%-75% range, depending on your experience and credit score3b) Also, do you need to borrow $160k?

.$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.

Specifics can vary depending on the GSE:» For a Freddie Mac loan file: A copy of the borrower’s most recent, signed US individual federal income tax return is required.»

If you find a property where the seller doesn't carry a mortgage, it is a great way for the seller to continue to settle the closing costs with a (sizable down payment) while still obtain income for 6 months to a year by holding the note for the borrow. 

More bonus points if it could look back at the borrower's track record and predict how they will do on a particular type of rehab?

I’d encourage the veteran to explore other options that don’t compromise their future borrowing power.

Think from a bank's perspective.A owner-occupied 30 year mortgage is at risk of the borrower losing their income becoming disabled, any number of personal crises.A rental home 30 year mortgage is at risk of the same issues, but you can boot the tenant and find a new one -- thus resolving the issue.I'd argue that rental mortgages are far less risky than conventional mortgages, and the fact is a conventional mortgage is ensured by the federal government "ironclad" so the fact that the pricing is the same when a rental mortgage doesn't have that federal backing really speaks volumes.Let's fund one!

Alex,The mortgage remains in the borrower's name, so it’s crucial to avoid triggering the acceleration clause when transferring a property into an LLC.