@Summer Shelton yes, FHA loans do allow this but make sure you speak with your lender about some of the trip ups from these loans.  

Unlike refinancing, which involves taking out a new loan, recasting keeps your existing loan terms—including your interest rate and loan duration—intact.

What type of loan is this?

Or do they leverage debt, and use the subsidies to cover the equity needed?

Just sell and pay off that loan or two.

If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.

I think many of the homes you see for sale are just investors that are trying to realize the equity growth in their properties.

Some want equity which is a little tougher to structure but possible.

I'm learning more about loans and such as I used the VA.

And could even get a second home loan if doing traditional financing.