hey David,As a broker, I have several options if you're looking to only touch the equity in a second position lien on investment property. 

Based on the fact that new construction is currently at a relatively low premium when compared to existing construction, I think this strategy might be a good option.

I have a deep understanding of real estate markets and creative financing strategies makes me a go-to expert for investors, homebuyers, and entrepreneurs looking to scale their portfolios.Whether you're seeking fix and flip loans, DSCR loans, hard money lending, or conventional financing, My team at Shop Rates are dedicated to helping clients navigate the best options for their financial goals.Shop Rates3511 Gallatin Pike Nashville TN 37216https://shoprates.com/Phone: 888-396-7284

Quote from @William Weston: That would be an option but I have not seen multiple family homes that are big enough for a family of 5.

We have funding options and could also run the project with our resources that we have in my area of Florida. 

The premiums didn’t make sense compared to the other options I found for the two properties I moved off this policy, nor did they align with the rates I have for other properties in my portfolio that are not on this policy.I’ve shopped this policy extensively across multiple companies and brokers.

In addition to what was said above, for the software that has a free trial option, sign up for it and use the software for a day (or at least a few hours) as if you are using it for real, then call their customer support too and get a feel for that. 

However, some lenders may have guidelines on how soon you can move in, so it’s worth double-checking if they have any seasoning requirements before converting to owner-occupied status.Refinancing Options – If your goal is to eventually refinance into a conventional loan or an owner-occupied loan, be aware that most lenders require 12+ months of documented 1099 income for qualification.

@Nicholas A. your shotgun approach has a high probability of getting the exact quality you put into it.95%+ of real estate agent, many of them posting they are "investor-friendly", only know how to deal with owner-occupied transactions. 

Kitchen:Demo & Prep ($2,000):DIY cabinet removal, backsplash removal, and some demolition.Professional for disconnecting gas lines and major plumbing.Dumpster rental.Cabinets ($6,500):Option 1: Refacing existing cabinets.