@Summer Shelton, FHA allows you to use rental income and so does Fannie Mae/Conventional loans.

Quote from @Zongfu Li: An agent named Mathew Dial contacted me for loan opportunity and told me how flexible and how easy they can provide bridge loan lending and conventional lender.

Two separate property appraisers (at the direction of the lender) were sent out to appraise, and neither was willing to appraise it as a "residence", and thus financing fell through (conventional primary loan).

I just had a client close on a 4 unit on Friday in LA, using a 5% conventional loan.

I do not have a traditional W2 job so I can't pursue the typical conventional loan or a FHA since I don't have income (hence the DSCR route).However, I've seen that most DSCR lenders do not lend if the loan amount is less than $100K.

@Kyle Trotman If you purchased with a hard money loan conventional lenders will require extensive seasoning to utilize the new appraised value for cash out. 

Dan, Investment HELOCS are extremely hard to achieve considering they are not DSCR underwrites. they are more traditional conventional qualifications.

I will be on the sessions for Momentum, as well as attending the PassivePockets convention and BPCON myself so maybe we will cross paths.

I own a home currently with a conventional loan.

I met Matt Scott about 4 years ago at a real estate convention.