If you own a 2-flat with an additional non-conforming garden unit (basement) being rented, and you're considering a cash-out refinance, how will the lender evaluate the rental income?

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

In addition, the Grantor will probably be required to sign the same seller's affidavit that are needed for a non DIL closing. 

Additionally, there typically are additional state protections (outside of the agreement) based on where the fund is located.

Is there a way to access the additional features without creating a new Stessa account through the BiggerPockets link? 

Communication good or bad goes along way to keeping investors from being upset to going ballistic on the internet and creating irreparable harm to the syndicators reputations.

Additionally, it's easy for a house on one lease to get absolutely trashed by the renter.

Additionally, it's easy for a house on one lease to get absolutely trashed by the renter.

Considering that, you are likely going to see appreciation year over year, which essentially will be additional equity you'd capture just by simply living in the home. 

Additionally, I’m curious about how this would apply to properties in provinces like British Columbia, Alberta, or Ontario.