Was conventional loan on a non owner occupied property at 60% ltv on a cash out refinance. 

Im wondering if i can use a heloc on my primary residence to either purchase or use for a down payment on an investment property and then refinance the investment property into a conventional 30 year mortgage to “pay myself back?”  

I can get a conventional loan, however, I would prefer to use a hard money lender or private lender to fund my first deal.

However, this is tricky.A conventional loan tied directly to the rental will make the mortgage interest easier to deduct.2.

Numbers all look good for a conventional loan.

There is now essentially no benefit to obtaining a second home loan over an investment property loan, except for the ability to do 10% down rather than 15% (minimum for investment properties).This info is all related to Conventional mortgage financing.

Let me know what you guys think I have about 70 K in liquid cash $250k in a heloc , so total is $320k I’m working with Option 1: Go 5% conventional on a two family home which would be about 90 K with down payment and closing costs , I am preapproved for 950 K .

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I didn't know about conventional not counting boarder income for non-serviced properties.

I guess the question is, could I house hack with these program over and over just as I would with a conventional mortgage?