It was a hybrid between a HELOC and an equity loan but I wound up refinancing to a larger amount with fixed rate conventional loan (to pay for a renovation).

The conventional loan with 5% down program is for properties that you intend to make your primary residence.

I have a conventional 30 year loan on the old house(lived there for 2+ years) and private loan on the new one for now.

Cities are running out of market fuel due to drenched inventory and declining home sales prices.

Prices aren't coming down, but there are also hardly any buyers, and inventory is very low.

Is this a 20% down condo or a 5% down conventional loan?

Either I try for second tier entitlements or try and convert to a conventional with my current home.

He would not be able to see our inventory unless he already has a agreement to work with us.

Does SFH or Duplex value add strategy still work, and how is the inventory?

For me, personally, it's areas that are landlord basic to friendly, strong industry growth or potential growth, and personally I trade/buy/invest in houses that I see inventory pick up but the fundamentals stick meaning it's a great area.