Hey Luke - Tapping into your equity through a HELOC is definitely a common way to fund a down payment, but like you said, having two open loans can lead to higher closing costs and potentially impact cash flow.

Remember your costs will be more for an STR, you'll be paying for a lot of things you wouldn't with an LTR - higher STR insurance, all utilities including internet, supplies like toilet paper, paper towels, dishwasher detergent etc, upkeep on furniture and linens if damaged, yard maintenance and grass cutting/snow removal, trash removal, etc.  

That 10% below market value is what I've commonly seen the last couple years.

. - The first and largest reason in volume for utilizing an agent is the simple obvious which is most people can-not navigate the process.

On the MLS (whether via an agent or via Realtor/Zillow/Redfin), so that's where you need to be.Scenario 2 - A homebuyer looking for a primary:  This is most common (except maybe in vacation markets). 

Are there other loan products similar to the DSCR loans that can also be utilized for investment properties?

Please share your advise/opinion on a possibility to utilizing the space.I’m also thinking about upgrading the basement but not sure where to start.

This is all too common and you aren't the first person to be told this...

Me, my partner, and our CTO are building a platform that utilizes AI for all people to sell and buy homes.

What strategies have you found to be most effective in fairly splitting utility costs among tenants?