Just make sure you know the rules for loans with a non-occupant coborrower, as depending on the relation (whether they are a blood relative or not) and the type of loan you plan to use, there can be additional requirements for LTV and DTI.

Hi Ana, totally depends on what product you're looking for.

A HELOC can cost $250- 600 to set up depending where you go which is cheaper than a refinance... 

I know this depends on the deal itself, but are there any general guides as to how to pay the investor(s) via points or equity?

Justin, it totally depends on the where. 

Like, if you wanted to do a 50-50 JV within an LLC where one guarantor has a better FICO and the other has more experience, there are some means where that would be beneficial.There are some lenders that actually only lend to LLCs (or some kind of business entities), but it does really depend on what you are going after and your general growth strategy how you would want to go about it.

Depending on which state you have created an LLC and which state is your property in, you may have no privacy in your identity or may have complete privacy. 

So, it depends.

@Kay Hart, I think your approach depends on how much of an increase.

The loan to value, the 75% or 80% will depend on the max loan to value for a rate /term on the final loan program's max loan to value.