I would suggest watching some youtube videos, come up with your own variation of someone elses script and practice it until it sounds natural.

Just to confirm, the HELOC would be against your primary and used to improve the same property--right? 

So if you house hack you could rent by room while living there, but if you move or want to house hack a second home, you no longer would be able to legally rent by room.Search youtube for the DenverCPD - Group Living Advisory Committee Meeting - May 27, 2020 for the latest meeting recording.

Getting your utilization down on your credit cards and heloc will improve your score and should be your priority.To answer your original question, the questions to ask are about prepayment penalties and points for DSCR loans.

if you think there is more equity there you could have an appraisal done… but some lenders will not re-evaluate a recent purchase for a set period of time… they will just stick with the old purchase price as its value (varies by lender) unless you can show significant improvements you did to justify a higher price. 

Here are a few steps you can take to improve the reliability of your tenant screening process:1.

The proposal could reduce stress for landlords, ensure smoother transitions, and improve communication with tenants.Additionally, the proposal includes a 5-day grace period before late fees can be imposed.

Getting a HELOC without a full appraisal can be tricky, but there are a few ways it might be possible, especially if you’ve added significant value to your property.Showing Recent Home Improvements : Providing documentation of recent home improvements and their costs might convince a lender to waive the full appraisal.High Equity : If you have a significant amount of equity in your home, lenders might be more flexible with appraisal requirements.Streamlined HELOC Programs : Some lenders offer streamlined or fast-track HELOC programs that don't require a full appraisal.

They may have some other ideas/verbiage that might improve upon the above based on your particular concerns.

Multiple improvements done on this duplex in 2021, including new roof, gutters, flooring, drywall, electrical, appliances, and heating/cooling unit for the second floor.