Hi there,  I am a new mortgage loan originator, currently onboard with Nexa mortgage.

I am a longtime newbie finally taking action. 

And in the end didn't make me money and the loans I had on them actually prevented me from getting additional loans on other better deals.Anyway, here are the specifics:1) purchased 7/1997 @ $80k, $500 down payment, cashflow appx $150/mth as long as there were no major repairs or maintenance items, great % returns but very little $ returns.Sold 5/2016 @$67k, after about $7k rehabwas about $250/mth cash flow at time of saleOh, and it took many months to sell, therefore costing me additional holding costs with no cash flow2)  purchased 9/1998 @ $71k, Similar and same area as #1 - $500 down payment, cashflow appx $150/mth Sold 4/2016 @$72k,after about $9k rehabwas about $250/mth cash flow at time of saleand also took many months to sellFor fun, I just looked up their zillow as of today and 1 recently resold for $85kNow, today, there are a lot more resources to easily research market areas, etc, so I now do more research to find markets with more demand and growth potential. 

gotta just do the maths, are both of these loans on the same property?

I have 8 rental properties financed through conventional loans and I’m having issues getting more. 

Any tips to get qualified for this type of loan?

I'm thinking to get HELOC loan and was wondering if you have any suggestions on good lenders.

Trying to consider all of the other benefits to house hacking like loan paydown, long term wealth building through real estate, learning to be an investor and landlord by getting on site experience, etc. to help me make the best decision.  

I am seeking a private loan to facilitate the process.

I was hoping to hear some of the common lenders or institutions that my fellow canadians might commonly use for hard money loans.