you have to live 2 yr out of the last 5 yrs to qualify.besides if you plan to BORROW money to do this, most loan would want to stay at least 1 yrhouse hacking, is more u buying a multi unit, and having other tenants pay for your mortgage.  

There are many creative ways to get financing; owner financing, partners, hard money lenders, private lenders, credit cards, home equity loans, borrowing on insurance policies etc.

Hey All,  So we privately financed a Real Estate Sale and the borrower is way behind on payments so we need to initiate a foreclosure. 

Borrower is behind and willing to sell, they send in the contract and we'd find the buyer.

Finally, these are my two questions:Do I borrow as much as the lender will offer for the HELOC or should I only borrow exactly what I think I will need?

He would be an occupying borrower and I would be a non-occupying co-borrower.

Non-recourse means that the only recourse lender has is the underlying property, no other assets of the borrowers or the borrower personally. 

If you jointly apply for a conventional loan that will go against your 10 loan max which will increase your borrowing costs by at least 1% point once you get above ten.

At 20% down on each deal you can only borrow about $480k.  

They're going to ask if any of the downpayment is borrowed, and will question any large deposits into your bank account.