7.375% Rate | Conventional | 30 Year Term

I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. 

It is likely most of them are familiar with both conventional, FHA and potentially other financing options that could be a good fit.

Refi loan from construction to owner occupied loan (preferably conventional)8.

Remaining mortgage is $171,000.Property #2 is a single family, conventional fixed rate mortgage.

Ca allows ADU and JADU but- having both an ADU and JADU disqualifies from f/f conventional financing.  

That said, it looks like you'd have to bring a huge downpayment to the table for this deal.Why not just purchase with conventional financing?

I bought it off market at a great deal with a conventional mortgage as a primary residence with the plans to rent it after the 12 month period has passed so I can legally rent it.

After that, you can do an FHA purchase with 3.5% down or conventional loans with as little as 5% down (if you live in those properties). 

House hacking with low-down payment loans, conventional loans, owner-occupied financing, seller financing, HELOC, down payment assistance, or partnering with investors can expand your portfolio.Good luck!