Offering flexibility has allowed my borrowers to swing into deals they would not have been able to do previously.You’ve made a great point about the importance of being easy to work with and fostering strong relationships with lenders.

How will the existing income from the property influence the amount I can borrow? 

Are the tiered returns offered based on the $ amount so you don't have to borrow any money on your project?

I imagine the whole process is simpler but can anyone tell me how different it is when you don't borrow the rehab costs?

If you want better cash flow, 35805, 35810, 35816, and 35811 are likely the choices. 

This could also hurt my debt ratios if I go to borrow on another investment somewhere like my plans for the STR.  

They’re not a standard DSCR collateral choice.

You are the owner and you make your own choices when it comes to your property.

If it's not feasible due to circumstances I suppose I'll have to adjust my situation (find weekend job, move back to NJ with parents, move to a different state with, etc.)All responses are appreciated, and I am absolutely open to chatting on the phone by the way.My view on house hacking is it can be a great tool to buy a house you could not  otherwise afford, but it shouldn’t be a goal in it of itself if that makes sense and that’s not to discourage you from investing just there are alternatives such as the stock market. so I’d start by asking where you want to live, do you want to own a single family home or does it make more sense to rent in a more interesting neighborhood like Arlington, Alexandria, that’s gonna be a personal choice, Will your monthly payment actually be less than renting/how many people do you need to get in the house to afford that?

Hi All,First time looking into Section 8 investment property in Berwick, ME. What is the experience with this program - Pro/Cons, watch outs, etc?.  Is there $$ to be made as an investor? Thanks in advance