First off, you can provide all the links you want about $1266 being the maximum including utilities that section 8 offered in 2021 or even 2020 for that matter but the LARGEST section 8 agency in Detroit (with perhaps the exception of Detroit Housing Commission, aka DHC.) and Michigan which is Michigan State Housing Development Authority, commonly known as MSHDA approves up to $1478 including utilities.

As far as the use, Helocs are good for quick cash to bridge a scenario or cash shortfall, but are not meant for permanent financing.

This seems about right for the scenario, yes Non QM and DSCR can have slightly higher rates but if the benefits of the product outweigh the cost, you've got your answer as to if the value is worth it.

There are many investors in the Smokies that would like to sell right now, but they cannot because they will have to bring money to closing.I wouldn't be doing new construction in Sevier County under any scenario right now.  

Here’s the scenario…My wife and I just bought a duplex in a South Carolina beach town.

Do you guys know what can be done in this scenario?

thank you  Hi Rene,It is most common for DSCR lenders to max out cash out leverage at 75% these days with that being said, there are a select few who will go to 80 with very strict guidelines.

Run the numbers on a few scenarios. 

What are some case scenarios?

The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all expenses/reserves.