So, in sum, house hacking can be when you are able leverage low down payments in order to control an asset (use an FHA loan and rent out the other rooms/units, use the VA loan with no down payment to ultimately turn the property into a rental property, etc.). 

Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).

The majority of investors have utilized low down payment conventional mortgages, or DSCR loans and the majority were able to secure seller concessions between 1-3%. 

I’m trying to understand the terms of these construction loans to build a duplex and choose the better option ASAP. 

Loan Qualification:Rental income from one unit can strengthened myr loan qualification when applying for a mortgage.

I was planning on using an FHA loan 3.5 % down but I make about 80k a year and have about 120k saved liquid.

Cash on cash is pitiful, but it’s 8.5% loan which will look good when I refinance at 6% or so.

Are you sure you can get a loan at 30 years Amoritization for the initial purchase?

After all, we became real estate investors to improve our lives, did we not? 

Its not like ill be using Heloc the entirety of the loan.