I can't find a DSCR based HELOC program in NJ either.

I would also think that a sexual component is in play here being a pool area where people are scantily clad or maybe even skinny-dipping? 

This would only come into play or be worthwhile if your section 121 exclusion doesn't cover all your gain.

To add to it, not sure about your state, however in Mass, families are a protected class hence we cannot discriminate tenants or applicants based on their family orientation.

I'm based in NY.

Proper timing was key for this deal understanding the Market and the sellers position in the market and in the deal, it played out great and we where able to make some profits on the investments before even receiving the first rent check.

Cleveland has more cash flow opportunities while Columbus you can find some cashflow opportunities but it’s more of an appreciation play since the city is growing so fast.

.- If a seller has a flexible timeline or is 'not in a rush', I play it by ear & I play it cool...

That's why I want to leave the marketing, underwriting, servicing and potential default negotiations to the professionals.My role is to evaluate loans based on my needs and risk-tolerance.

These are income based loans and rates will depend on your credit score and loan to value (LTV).I've seen programs where values determined by AVM (automated valuation model), not a full appraisal.