There are a number of other options than traditional bank financing, but really, if you're in this for the long haul and especially if you're looking at this from the perspective of a guy with some understanding of residential construction, you shouldn't try to fight the learning curve from the start with things like BRRRR, 3.5% down-payment FHA loans, all-cash offers with personal loans + cash advances from credit cards, etc.It's complicated enough learning how to run rentals.

I've heard stories where someone opened a simple credit card prior to closing on their mortgage and it delayed the process.This may be different if you're using the same lending institution for both the HELOC and the refinance, just make sure if the loans are going through two different departments that everyone is on the same page.Best of luck! 

proper use of this kind of credit can be just fine.. improper use can lead you to credit hell and BK 

My daughter just turned 10 months, so would be looking for daycares for now.I dont have any cash saved now because I'm clearing all credit card debt, and plus I just bought my first property in October.

As previously mentioned leverage adds risk but if you use it properly it also allows you to grow your cash flow which can increase your margin of safety. 

Thanks.My layman understanding (ie I'm not a lawyer and you should consult with one for any legal decision) is:If you transfer your property to your LLC, you need to get consideration for it (ie share, beneficial interest, etc...)Then you need to manage your LLC as a business separate from you (no commingling of asset, proper documentation of meeting, proper administrative chores, etc...) as failure to do so will probably pierce its veil of protection.Except for that, unless your transfer is reversed for other consideration (like fraudulent transfer to avoid an existing creditor), your LLC should provide you the inside and outside liability offered by the LLC in your State.

It will not require any additional time on your part after you have done your proper due diligence.

The bank did not pay a broker properly and you get a lien.

When working with lead I used proper equipment, HEPA filters with a properly fitted half-face mask, and used excellent hygiene (washing/showering, not eating, not smoking, careful handling and so on) and still became lead poisoned. 

Bring some cards (or a pen and napkin) and get ready to introduce yourself and share ideas.