DSCR lender here, we specialize in refinancing with no and low (90 day) seasoning period.

My question is, if I accept the payment (the assistance payment from the government to a low-income tenant), will my property be recorded by the government as "low-income" housing provider?

@Vishal Chandan @Bonnie Low- Second what Bonnie has to say.

-- You will not find this level of service with a regular bank or credit union. 

Whether you're buying, selling, or investing, the time to act is now, and the opportunities are endless.Inventory & Supply: Despite fluctuations in inventory levels, the months supply of inventory remains stable, providing a solid foundation for buyers and sellers to navigate the market with confidence.

And yes, you should be able to use the HELOC for the renovation.I was thinking this route also but than I would have to go for an extremely low priced property for the heloc to fund the whole thing.

I'd love to hear how everything goes, about both your highs & lows.

Here are some steps to get started:Market Research: Identify areas with strong growth potential, low vacancy rates, and high rental demand.Financial Analysis: Evaluate the cost of construction, potential returns, and your financing options.Legal Considerations: Understand the zoning laws, building codes, and permits required for new construction in your chosen area.Sustainability: Consider incorporating green building practices to increase the property's appeal and long-term value.The Bottom LineWarren Buffett's investment in new construction underscores a broader trend in seeking alternative avenues for growth and diversification.

Interest rate is way too low for a 100% program and I do not like 2500 upfront that gets "reimbursed". 

Inventory is low .