If it ends up being the right one, take the credit. 

I started as many others may have by using balance transfer credit cards. 

Rentec Direct, because:  (1) A complete management solution for professional property managers,  (2) All of the tools for landlords to easily manage properties and tenants,  (3) Order instant credit, criminal, and evicton reports on your tenants, and (4) Inexpensive.

Does only paying interest only on HELOC have negative impact on your credit scores?

That’s less than 10% of the credit line.

We are considering getting a business line of credit on our rental property in the states.  

Risks include but not limited to buying a poor position ( no equity ), horrible property condition, no exit strategy, evicting occupants, getting foreclosed on by a senior MTG. 

We bought a small, poorly run (owner went through divorce) bakery so that we could focus on growing it rather than working it- we have employees for everything except marketing, which we will eventually turn over. 

If you ever see anyone with an eviction on their credit keep in mind they most likely went 5-6 months without paying rent. 

Many local, community banks and credit unions don't care about seasoning.