Jeff Goff the LLC loan will not show up on your credit report so it's up to you if you want to list the property as an asset and debt as a liability on your personal financial statement when you apply for your primary loan.

We were able to get a loan through a local credit union that was able to keep the rate low (though it was an ARM).

In the mean time, I rent the property back from them while I am looking for another investment property.It's a win win situation for both of us because he doesn't have good credit and not enough income on paper to qualify for a loan.

Make sure you screen your tenant thoroughly, screen for credit and criminal Also make sure that you include lawn care and maintenance.  

Rather, you should be receiving a credit from the seller for his pro-rated portion of the taxes (for Jan 1st, 2018 through the date you close), as you will be expected to pay the entire year's tax bill once it comes out in September).The only exception I can think of to this is if the seller is behind in taxes for previous years, in which case this should still be a seller's side debit/charge and not one for your side, as the buyer.

Instead, with my real estate offer, I simply wrote in my offer price, wrote out all sellers closing costs that I would be paying for, and said you will net my offer less any mortgages, liens, judgements, lines of credit you have on the house.

This HOA is a non profit and has no business credit. 

Many investors won't touch an opportunistic strategy at this late stage of the cycle.And if the article is right, the investor has to put their own personal credit rating on the line for the privilege of investing.

As rates have gone up since we bought the building last year, a HELOC seems like the best way to go.Does anyone have a recommendation for a bank / credit union that would do a HELOC on an owner occupied 4plex?

When I graduated from college you could go directly to being a real estate broker and being a graduate  from college gave me all of the credit I needed to take that test.