In your experience, does one approach lead to better appraisals, loan terms, or overall outcomes?

Yes Joel, That would be a business purpose DSCR loan.

We currently have a construction loan on the properties and we would like to refi to a more conventional loan.

Context:I’m seeking advice from those experienced in real estate investing and financial freedom strategies.I recently bought a multi-family property in Newport, RI, using my VA loan for $695K.

For instance, a 10% interest rate on a $200,000 loan would be a payment of $1,660 / month where as a 12% interest rate on a loan would be $2,000 / month.

Have you leveraged lines of credit, private lenders, portfolio loans, or other creative financing options?

I got a rehab loan for a flip from a friend for 9%, no draws, and got all the cash upfront to finish the project.

Most min loans amounts are going to be 50-100k, so an issue there.

Keep your automobiles safe..

@Charlotte WilsonAs long as you continue to occupy the property you purchase with an FHA loan and you're not applying for owner occupant financing on the other property, that shouldn't be a problem.