And their idea of unlimited free "virtual" accounts means I could finally have a unique bank account for each property, plus easily manage security deposits in their own dedicated accounts.

I'd plan to pay off both loans within 5-7 years with cash flow from the rental and other income and assets.I'm an accredited investor and will still have more than a year of expenses covered in liquid assets and additional funds to buy another 1-2 properties in the next 2 years, which is my goal.I don't know if I've provided enough or the right information to get some opinions if what I'm planning to do with my current house and new home purchase makes sense. 

We don’t need housing programs that give folks $ or provide incentives to BUY homes.

Driving pilings, sea wall retention systems, special sewer containment systems, home security, building quality, stainless steel fixtures for salt, etc.  

Hi Zak-Great question.It sounds like your credit union is offering you a Home Equity Line of Credit as they do not expect principal payments and your primary bank is offering you a Home Equity Loan.Personally, I don't like having to pay on an equity loan unless I use some of it and only pay on the part I use.Although, this is a personal decision for you.If you make investments that provide enough cashflow to pay the principal and interest to your primary bank on the equity loan it doesn't really matter to you as others are paying it.Another consideration is the amount of dry powder available to invest.

I provided evidence in my reply to no avail and the city wants to go forward with my hearing.

Can you provide 2019 and/or 2020 YTD income information?

Do manufactured/mobile home dealers provide seller financing option to buyers? 

Although when doing this in 08 to 2011  I was afraid to even look..And my banks had me on a very short leash I had to provide financial every 90 days if I wanted to keep my large lines of credit.

We're developing units in the backyard of a property, with the numbers looking promising:Purchase Price: $1MConstruction Costs: $1MCost of Capital: $200KAfter Repair Value (ARV): ~$3MProjected Profit: $500K - $1MTimeline: 9 monthsTo finance this, we're raising $500K in equity and securing $1.5M in debt.