Minimum Mortgage Amounts For Refinancing-Section 8

[Brian Willie]

Hi everyone! I'm exploring investing in properties to place in the Section 8 program. These would most likely be $80K maybe less. A few quick questions please:

1) Are there lenders who will refinance these down the line since the amount would be fairly low? 

2) Do these lower dollar homes tend to appreciate at the same rate as other higher dollar homes to where it's possible to do a cash out refi? 

Thanks!