I house-hack over in Village 7 and it's been a phenomenal arrangement so far, good luck! 

We are contemplating several options now that we have some equity on the property, the first is using a HELOC for a down payment on a duplex but we are running into issues with the bank wanting to give us 60% LTV at most even though we are using one of the units as our primary residence. 

I have done this arrangement a couple times in my short career and every time I did I got my gonads kicked up into my throat vigorously .

@Jim Haney - not yet - i'm at 8 properties so not quite there and with the current state of affairs I'm contemplating my next near term moves - whether to continue full steam ahead in acquisition or build up liquid funds in the interim.

I've already got tentative financing arranged based on one strategy, although the other would probably be easier and faster to get through permitting. 

The arrangement you're most likely to be offered is a $/hour amount to sit the open house but you have to give the leads to the listing agent.

This will significantly harm DTI.Unless you're ready to give up the FNMA-subsidized 30YF residential loans already, or unless this is the last mortgage that person wants, such arrangements rarely make sense. 

The 2nd deal was sold in October of 2019 and his net profit per our arrangement was $15K.

The worst case scenario I can come up with is the bank finds out about the arrangement and exercises the acceleration clause on the note.

It really does, because syndications are structured differently.One of the common arrangements is when a syndicator wears two hats.