I have three other properties with 50% ownership but because its traditional mortgage, it shows up 100% on mine and my partner's credit. 

What would be the best way about doing it to get the best leverage as I can get a heloc with fixed rate for 1 term and then goes prime+ on 10 year draw and them amortized for 20 years or get a Refi cashout on a 3.75 30 year loan , other thing is that heloc option allows me to pull upto 85% LTV and a Refi cashout will allow me to pull only 75% LTV,  also with these heloc or the Traditional mortgage on my second home where its been over 1 year will the lender offer loan based on the purchase prive or the appraisal value/Comps as One lender stated they go with the lower amount of the purchase versus appraisal

Considering my interest in getting traditional financing on the properties, is it better to have access to a bigger HELOC and more capital up front or keep LTV lower to get better rates and have a better DTI for future refinancing of the investment properties.

If you're planning to use a traditional bank, then you will most likely need to personally guarantee the loan.

Traditional mortgage then after renovating with cash we will refi.

When I moved away from Savannah it was used as a traditional long term rental.

When I moved away from Savannah it was used as a traditional long term rental.

The prelim research I've done indicates that traditional lenders look for about 50% DTI to approve a loan.I have an annual W2 salary from my job, so my monthly income is basically fixed. 

Originally posted by @James Wise: Rentec Direct is free is you've got under 50 units or something around that range. 18 units would be $45/month. 1 is $35.Perhaps you were thinking of some other platform?

Hi all,Doing research for my first deal (still).There doesn't seem to be a "method" to calculate returns on properties- at least not like traditional rentals (50% rule, 1% rule, etc.)