Also they may limit your ability to obtain better rate mortgage as you may only have commercial rates available.

Does anyone know any other lender who do not have such limitation on non owner occupied HELOC loans?

@Angelo Van I am a big fan of the 1% rule; it is my first measure after the neighborhood.

You will be limited on your options but a small lender or HML should have an option and then you can refinance out. 

However if your time is limited or you have absolutely no interest to be active in real estate for whatever reason, then investing via syndications is a great way to invest considering its benefits.

You will also get the best rate and limit the fees you have to pay.

They charged 5k per person to increase one’s credit limits and help them access business credit lines. 

So actually not that different when measured against income. 

It's very hard to measure lost opportunity cost.  

Once you get bigger, and exceed some of the limits of conventional mortgages (4-6-8 properties) then you’ll be in a better position to start looking at commercial loans and make the switch over to an LLC.