Was conventional loan on a non owner occupied property at 60% ltv on a cash out refinance. 

I can get a conventional loan, however, I would prefer to use a hard money lender or private lender to fund my first deal.

 @Joe Mathew inventory is still low here in Kansas City which is keeping prices higher than I would like to see. 

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

However, this is tricky.A conventional loan tied directly to the rental will make the mortgage interest easier to deduct.2.

Numbers all look good for a conventional loan.

Theres a pre-foreclosure list, auction list, probate list and shadow inventory list.

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.

.- There's an average of 1.5 months of inventory for homes between 1,400-2,000 sqft.

There is now essentially no benefit to obtaining a second home loan over an investment property loan, except for the ability to do 10% down rather than 15% (minimum for investment properties).This info is all related to Conventional mortgage financing.