You do not own the home so you cannot use its equity instead you are borrowing money based off of the current owners sale price.Using the same banks/lenders Heloc in some cases can be fine since its attached to another home.

But right now, i currently own a SF in KY and am house hacking a duplex in round rock Texas.

The property is rented out to section 8 tenants for a total of $4700 currently.

Realtor.com puts the property estimate at 287k, Zillow at 255k for the current values. 

@Sylvester Hardison, I am going to echo other's thoughts, but it also depends on what your current education level is and where you feel your weaknesses are.Within the multifamily space, for instance, there are a lot of groups out there.  

Shouldn’t they be evaluating my current risk? 

I currently earn about $7,000 per month, working 50-55 hours a week at $34/hour.

Next thing you know, the stock is trending up and you decide to invest in an F-150 to share your investment, so to speak, with your family.

Not saying this is best option but if you took out conventional loan at 6.5% and earned 12% you passively made 5.5% on money that is currently not optimized in your home.  

As a result, I'll be selling my house and using the gains to put a down payment on a secondary house next to my current rental property.