I have a question regarding where I should get my mortgage for this first investment/rental property from.I currently have a primary residence and its mortgage, but I'm planning to put rental properties under a LLC (or corporations in Canada), what process/place would you recommend I get the first mortgage?

@Shaun R. there are several reasons but one primary factor could be the taxation status of the MGMT Co and any fringe benefits you may be looking to integrate

I'm closing on a HELOC on my primary residence in the next couple of weeks for $95k.

@Rafael Hernandez any non primary residence in South Carolina will be taxed at 6% instead of 4%.

Take the remaining $100k and save for future use - I lived in one of the units so I wonder if it would be possible to get a primary residence tax exemption for this amount?

Hi,Are there any problems with using the same lender of your primary resideonce for an investment property?

But BEFORE you make that decision, you need to get with your experienced RE CPA to do a side by side and apples to apples comparison of your cash out refi, what investment you get using that cash (and the returns from it) vs selling this as your primary residence (since you lived there for 2 of the last 5 years) and have a $250k exemption to capital gains tax (as a single person) and $500k as a married couple.

The primary way I do this is through cold calling.

If you have a primary home nearby you'd need it to be X miles away from your primary. again, talk to a lender, but getting a second home to use as a STR is a great strategy!

Nothing to be worried about as long as you stay in your primary residence for the required amount of time ;)