We would like our home year three to be FHA as well.Hey Leah, when it comes time to refinance you can as long as you qualify for a conventional loan with a credit score of 620 or higher and have 5% – 25% equity in the home.

Do you prefer to have an open "application period" to collect applications and then make a decision based on the "most qualified" or do you take the first qualified, even if on a personal level they put off some red flags.

I'd still say for go for it if you can find a property that qualifies, but be thorough in DD about the regulations/permitting.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

In order to get started just make sure you have high enough W2 or self employed income that you can qualify for the monthly mortgage plus savings for the down payment and closing cost.

It's not all-or-nothing, so you may still qualify for some tax relief.

Make an appointment at your local bank and ask them how much of a mortgage you qualify for. 

Sounds cliche but always best to reach out to a trustworthy loan officer and fill out an application because there are too many things to look at before determining how much you can qualify for. 

After reassessment the tenant's portion went to $1,200... yep, that means they no longer qualified for their voucher and there is no guaranteed portion.I'd search the forums here for more info about S8.

You'd just need to check with the lenders what they allow up to.Having experience (completed rehabs in the last 3-years tends to be what most lenders look to qualify as experience) will help you reduced your down payment all the way down to 0% in some cases for extremely experienced investors.