Hi Nicholas, There are programs that will allow for up to 80% cltv for a heloc / second mortgage on a 1-4 unit investment property. 

My local power company has a program where they can lower power consumption to a property(ies) to prevent the grid going down during high power usage surges. 

You can also use a bank statement loan or SE program to use gross deposits versus taxes that have deductions.

Most Insurance companies have estimating programs that calculate the amount needed. 

I participated in a multifamily investing program with Bob Diamond about 6 years ago.

If I applied to the Section 8 program, what are the pros and cons?

That is a requirement with the DSCR program regardless of the lender.If this is true I will probably start buying the first one with a normal conventional and using the DSCR after.Thanks!

I would only mention that in fairness to Note School, Eddie Speed's program may not be for everyone, however he and his team have done a tremendous service to the note industry over the years. 

There also may be seasoning requirements based on the loan program they refi into. 

There are a lot of programs available to help with renovation costs being built into the loan on a primary residence purchase.