Many vendors I have called quote less and they take credit cards directly from the owner but to use the credit card through RPM preferred you would have to pay a hefty fee.

Regional banks and credit unions are generally the best places to look, and HELOCs vary greatly by lender... it's not like the Fannie/Freddy stuff where you jump through all these hoops to shave 0.125%, it'll be easily 0.75% or more of a spread between lenders. 

I would tie it in to one of the rental unit meters and offer the tenant a utility credit on their rent. 

Credit FROZE  you could not get an investor loan from 08 to 2011... period.. unless you were a 1% er.. 

after 2 months wasting time and had move out before i could refi with quicken loans they quoted me 60 LTV for my rehabbed 3 unit. seems low for 720 credit score and noi per month of $1300ARV is $195kput 35k into it financed 100ki expected 70-80%LTVany suggestions who turn to?

I have enough money saved up right now and good credit to be able to start something, I just want to making sure I start in the right direction.  

They had a lower credit score. 

Let him know that if he doesn't come up with the deposit, and co-signer within 5 days you will file for eviction which will ruin his credit rating and ability to rent in the future.

@Maugno Mora have you thought about doing a Home Equity Line of Credit instead of selling or refinancing?  

If you are tight on cash flow, it is recommended not using reserve, but these days we have credit card that can cover the unexpected repairs, so not using your reserve for other deals might be bad financial decisions.