However, after talking to some loan professionals, it seems that there are always origination fees, appraisal fees etc.My question is, what fees should I expect to pay when opening up my first HELOC.  

The longer the project takes the more risk you have from interest cost, insurance, property taxes and the market changing. 

5% down federal loan How did you add value to the deal?

They have solid lease agreements designed to protect you, your income, and your property.Property Maintenance & Repairs: They have a network of vetted, licensed, insured contractors that can respond quickly and do the job right the first time.Minimizing Vacancy & Maximizing Occupancy: Their marketing reduces vacancy time.

If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

5% Downpayment on a Conventional Loan How did you add value to the deal?

FHA loan with 5% down, plus a seller credit of $8k How did you add value to the deal?

DSCR Loan with 20% Downpayment How did you add value to the deal?

In fact, I’m already thinking about how to refine my understanding of DSCR loans and strategically incorporate these creative financing avenues to close deals and drive growth.Looking forward to the journey ahead!