If you told the bank you were using the HELOC money to buy a rental they wouldn't give you the line of credit because there are way to many inherent risks. 

Curious how you handle the accounting side as well in terms how what the client gets. 

There're many tax accountants on this forum that specialize in this exact work, and we all work nationwide.

With us, if vested in an LLC it will not be reported to credit.

@Nathan Gesner Account Closed appreciate the ‘ wake up call’ so to say.  

You can really mess up the seller's credit if you miss payments and they can then sue you.4.

This is going to be a DSCR loan since I don’t have 2 years worth of history, but I do have a high 700’s credit score with zero debt.

Hi Everyone,Created an account since November 2023.

If you do not meet the schedule, a day or two for each item, and they tell you the schedule, you loose the $2500 credit card prebidding charge, otherwise they cancel that charge.  

While I am not an accountant, and you should speak to yours about this, there is a loophole in the tax code called the STR Loophole which allows your STR (provided you are not using a PM) to be counted as active income/active expense so that the costs, payments, depreciation etc. goes against your active W-2 income.