@Scott Smith Thanks for the tip, I will certainly look into it.

Check the local banks and credit unions. 25 year amortization is more typical for a loan that size so I would make sure 30 yr am is accurate.

My experience with commercial loans in NJ, has been no personal guarantee, because the lender looks mostly at the income potential of the property vs. the business (LLC) or even the owners personal credit/assets...

Let's say that I want to get a mortgage credit certificate (MCC) on a home that I am going to live in. 

That's a great way to get into the business.A few tips that may be helpful to you here on the Bigger Pockets website as you build your portfolio:You can set up keyword alerts so anytime someone posts about Layton (or the specific neighborhoods you're exploring), you'll be notified.

I have a mid-high end house I've had in a popular area in an allegedly hot market, but it's unsold after 5 months, and I'd love some fresh eyes for a second opinion.Are there any flippers in the area that would be willing to spend an hour (paid) to give their tips to help move it? 

Both will probably help you as you jump into real estate.A few tips that may be helpful to you here on the Bigger Pockets website as you start building your portfolio:You can set up keyword alerts so anytime someone posts about Jacksonville (or the specific neighborhoods you're exploring), you'll be notified.

Shop around to local/regional banks and credit unions.

I had a similar situation; after calling most major banks/lenders, and getting "no actuary will every approve that," I was able to work it out with a local Credit Union. 

We thought about using credit cards to fund the renovations but don’t want to risk damaging our credit score to do so.