Or some other alternate financing at least.

Better than alternatives like lending at 7%, after tax, and close to the stock market. 

Consider exploring alternative financing methods such as bridge loans, seller financing, or specialized 1031 exchange loans, which are tailored to streamline the exchange process while ensuring IRS compliance.I remember when I first got started with house hacking, I made the mistake of not looking into all the nuances of 1031 exchanges.

My advice would be not to be pound foolish and penny wise, spend the money now and sleep safer. 

I'm glad you found a good alternative solution!

I just wanted to reach out and see if there was another more efficient alternative in doing this.Its a high volume game. 

Heck no, but we are better than all the alternatives.

The program was created to give low-income tenants an alternative to living in federal project housing.S8 sets their rental rates to the LOW-END of market averages, if not slightly below.What the gurus do NOT tell you is they expect you to get a Class C S8 tenant to rent a Class D property.

Cap rate was still decent when I sold it, even at its updated value, versus alternatives.

Yes, they should be happy to do it and yes, you'll have to find alternative solutions for the buy and rehab.