If so conventional will be better because FHA/Conv guidelines are the wheel house typically of mortgage broker and some times banker (synonymous names but they all do and sell the same product).Credit unions can sometimes do Fannie Freddie/conventional FHA too but generally aren’t that great at them.

They lend you the money you need to buy their house.Subject to - you buy the house subject to the existing mortgage.

Hi Hunter.Hopefully I have some good answers for you regarding our doctor program.Employment start date must be with 90 days of loan closing.Min Fico 720Max DTI of 43% 6 months reserves on subject property and the other properties you own.5% down on $400k to 1.5M10% down on 1.5M to 2MWill be an ARMNo mortgage insuranceSFR, Condo, Townhome, PUDs only no MultiunitsLet me know if you have any other questions!

As of today, the current average interest rate for a 30-year fixed mortgage in the US is 6.91%.DSCR mortgage rates are typically anywhere between 1% and 2% higher than conventional loans.Please feel free to reach out directly with any questions or concerns.  

Quote from @Hunter Hanlon Taylor: I ended up using The Mortgage Shop, LLC! 

Real estate strategies ---> Tax liens and mortgage notes forum

I highly recommend you consider leveraging your money, meaning you get mortgages on the new properties instead of paying cash for them.

(I’d prefer you found a way to put down 20% and save the PMI as well as lower mortgage origination costs and on going interest costs.

Operations- tenants refusals, either cull them before they get to you by requiring autopay as an example, document on their application why you refused them, make sure your facilities are maintained properly and no safety hazards exist, etcLLC.

. - The FHA 203(k) loan is a great way to buy a MFR as it allows repairs to be included in the purchase mortgage.