That's the predicament of using conventional financing.

Lastly, know that any conventional loan likely has a 'due on sale' clause, where if you change the title of the property, they can call your note due.

If you know your target market and believe they truly wouldn't care (or be impacted- especially if it's very price-sensitive), you're probably fine with less.

Then in 6 months refinance into a conventional loan and you can exit the property legally. 

Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.72%30-year VA rate today is 6.15%——————————————————————————————————💰 Median Sales Price:Sept: $490,000Oct: $485,000Nov: $484,995——————————————————————————————————📈 New Listings:Sept: 1,910Oct: 1,959Nov: 1,481——————————————————————————————————📅 Median Days on Market Until Sale:Sept: 20Oct: 22Nov: 24——————————————————————————————————📦 Months Supply of Inventory:Sept: 3.3Oct: 3.3Nov: 3.0🤔 What does "Months Supply of Inventory" mean?

I dont care who pays it or how... if its not paid in full, they get evicted.

Their strategy focused on targeting traveling nurses, a niche market with reliable demand.As for repeating the process in the same city, it's doable but requires careful planning.

Sometimes the smoothest way to acquire your 2nd house hack, the conventional route could be the best.

Who cares?

I haven't done a HELOC recently, but when I did, they didn't care about the W2 since I already owned the home.