With current market conditions, interest rates, and scarce inventory, 95% of MLS properties will not be cash flow positive.

pid=2072Houston Real Estate Highlights in April, 2024:-Single-family home sales rose 9.2 percent year-over-year;-Days on Market (DOM) for single-family homes went from 56 to 49 days;-Total property sales rose 8.7 percent with 9,611 units sold;-Total dollar volume was up 13.8 percent to $4 billion;-The single-family median price rose 3.0 percent to $340,000;-The single-family average price rose 4.6 percent to $437,198; -Single-family home months of inventory registered a 3.7-months supply, up from 2.6 months a year earlier;-Townhome/condominium sales continued to decline, falling 1.3 percent, with the median price down 1.8 percent to $230,000 and the average price down 0.5 percent to $278,048.

Idea 6: Wait until your market is so insanely hot and has low inventory like San Francisco, oh and a "Not In My Backyard" mentality...

Hence why we are seeing a 21.70% YoY increase in price for 2 bedrooms.Supply and Demand Dynamics:Sales Volume and Inventory Changes:28303 and 28304 have seen increases in the number of homes sold, indicating healthy market activity.

Yes, given you qualify, you can use a conventional or a DSCR loan to lower your rate

As of April 2024, Jacksonville has only 3.8 months of inventory. 

Conventional loan, excellent credit and reserves, nothing owed on the property and the property is seasoned.

Do I renovate and refinance into a conventional loan? 

If you are using a conventional loan on the second home purchase they will consider the mortgage on the FHA loan, so you will run into issues qualifying with your DTI, unless you have enough income to support both mortgages.

I'm looking for ready to assemble (RTA) that do not have any particle board or OSB.Found RTACabinets.com which seems interesting but I'd like to look at some in person if possible, maybe even LA County.Current quote from HD (Home Depot) for their ready made in inventory cabinets is $2600, those are particle board low grade cabinets.I'm going to bet Kevin Fox replies in this thread.