I have a HELOC on a rental property with $139k available. If I am applying for a mortgage for an investment property, does the bank see the HELOC as available income to back their loan or not as part of their underwri...

My income requirement for SEC 8 is that the tenant have at least 1 times the rent in income that is counted by SEC 8 at the time we put the RFTA in.  

I want to be able to count that income, and am currently shopping around for the best lending option I can find. 

More or less all zillow's algorithm takes into account is location, sq ft, year built, bed & bath counts correct?

Bedroom and bathroom count?

If you have funds and have communicated with the firm (after you’re the closed, winning bidder they’re usually happy to take your call), you can technically pay at any point that is convenient to them and you prior to that date and I know they have moved dates back in some circumstances before but don’t count on that. 

@Chris Gaston Regardless of unit count ... it would be good to get the current rent roll and the profit and loss statement.

@Drew Wa depending on the tenor of the installment sale, IRS does have a minimum interest requirement - ie. if you claim a 0% interest rate, the IRS has a table with what the minimum interest rate should be on an installment sale of that tenor, and you will be paying taxes on the deemed interest.On the capital gains front, I am not 100% certain, but it would make sense that any installment gains received in the first 12 months of your purchase of the property would count as short term gains and anything after 12 months would be long term, again, not certain as to this point.

As a buy and hold I never count on it; having said that I have made as much money from appreciation as I have from collecting rent.Some folks use a 3% number, if that helps.

Same if you buy a house and put 40% down.Other than that, equity in other real estate does not count for a whole lot.