Is the 203k loan which includes renovation costs eligible for a fourplex?

Took 2nd Mortgage out at beginning to Pay outstanding CC Bills Ect, Justified paying because Tax deductions on Mortgage.

After deducting utilities split that I’m thinking of/insurance/mortgage looks like close to 15k or less.

Not sure how this will affect my eligibility for another loan. 

One of the cabins got bed bugs last month, they covered every dime with NO deductible - that claim alone was worth my whole premium.  

Danny Gardner“The CHOICERenovation solution gives borrowers the opportunity to make improvements, renovations and upgrades to a home using a purchase or no cash-out refinance loan that will be eligible for sale to Freddie Mac,” agency senior vice-president Danny Gardner further explained in a statement.

It's currently in state forest program for tax deduction.

Also ways of getting into a place now with USDA, FHA, etc before you’re eligible for VA in a couple years.

I offered the guy $500 to go away, with an insurance deductible of $1,000, but the man wanted $5000.

Okay, so I haven't bought an investment property as of yet, but I'm looking to soon. Either by putting cash from savings down for the 20% or using my HELOC as the down payment. But something that I am very curious abo...