Hey Jonathan, It's a 30y conventional loan for a SFH.  

if you plan to use it as a 2nd home as well as lease it out, conventional loan will allow you to just put 10% down. 

While inventory has picked up, you can't buy what you can't afford.

@Dennis Cobos, following what Luke said, most lenders should be able to offer this as 10% down is standard for a conventional second home purchase. 

If I can't get a conventional loan how do I qualify for a hard money loan? 

Owners should write a narrative about deals/assets for insurance providers.2-3% rent growth is always appropriate.Rents are flattening.Buyers are focusing on untrended rents.Getting the pig through the snake, as an analogy for getting through current excess rental inventory absorption to get to a gap that will exist in a couple of years.

I really feel the rates are the reason inventory is low and once rates come down, we'll see inventory change.Look at the same cities previously mentionedArlington, Savannah, and BostonOnce rates go down, inventory will increase in the long(er) term.

I utilized a HomeStyle Renovation Loan, a conventional loan that enabled me to finance the cost of the rehab.

I sold existing inventory for years but there isn't a lot of value if you get frustrated with inventory levels and decide you want to learn about new construction single or multifamily please don't hesitate to reach out for columbus. 

Hi Collin,You can refinance it without renting it out if you use a conventional loan refinance.