That will be your main sources of funds...and typically you and your friends will need to invest $50,000-$100,000 per person. 

If they are intending to buy another property, they may NOT be able to consider seller financing.If they are in a position to consider seller financing, you have to mention the benefits to them specifically and that varies from person to person.It is a learned process.

As expected, I had to personally guarantee the loan but it's now in my business name and reporting to my business credit.  

@Caley Crossman Several of my clients have successfully used a Self-Directed Plan (RRSP, TFSA, etc.) to hold a mortgage against their own personal residential property. 

Thank you both for the responses!

I work on most of the southwest Florida gulf coast area and there are some awesome long term hold spots that I personally have some investments and have helped other invest as well!

Thanks for the response!

While insurance has covered some costs, the process has been stressful, even with a property manager (their responsiveness to these issues has been slow).

I'm going to talk to customer support with both companies again, but thought I'd check on any thoughts from those who might have had personal experience with either company or changing programs in general.

I actually have done personally exactly what you're describing - HELOC on primary residence, use that to purchase new primary, move into new primary and rent the previous home(4 times in 5 years).