.- Execution: In current market conditions, of lower inventory and higher demand, timing is essential.

The 20% down with a conventional loan also gave you a great start with lower monthly payments, which helps when maximizing rental cash flow.Regarding the lesson you learned about letting the seller take advantage of small asks, it's a common challenge for newer investors.

If you anticipate an FHA buyer, subject-to financing might be the better route since you would hold title for the required period.Non-FHA Buyers: If you target conventional buyers or cash buyers, the 90-day rule won’t be an issue, which could give you more flexibility in choosing the structure.5.

I would be investing in Austin, TX, where this seems to be a growing trend with the current tight inventory of conventional housing and lots of surrounding land.

Get onto local wholesale brokerage lists to receive their inventory of properties4.

@Luke Davis If you can qualify for a conventional loan that is probably going to be your best bet.

I had hoped that the natural draw of Disney etc would work in my favor but there's just too much inventory.

So if you end up needing to sell it in the future, would be a hinderance since it would eliminate FHA buyers all together + even some conventional buyers too. 

Housing Market ConditionsMedian Sale Price: $395k• YoY Price Growth: 8.7%• 5-Year Price Growth: 50%Housing Inventory: Less than 7,000- low (Below pre-pandemic levels)Property Tax Rate: 0.42Average Insurance: $1,680Median Rent: $1,895 (single-family house)• YoY Rent Growth: 1%• 5-Year Rent Growth: ???

I'd like to access this equity through a Home Equity Loan (HEL) and use it to make downpayment on another investment property purchase (12 unit bldg).I bought this 4-plex in my personal name with a conventional mortgage .