Before I went to the 5 - 10 unit inventory, I'd open another market like STL. 

After the low rates started to increase when the FEDs pushed to raise them the inventory went up significantly (in January 2022 there were active listings on the MLS of 40-45 listings, now if you look 160-170 listings).

I am not sure if this is the right place or not but I wanted some input into any obvious issues with my lease option offers to the tenant buyer that earns plenty of income but doesn't have the cash right now and wants to improve credit before purchasing but would like to lock in the price as our market is still struggling with inventory. 

I want to house hack the next 4plex with a conventional primary loan using 5% down. 

Hi all,I recently purchased a property from @Antoine Martel (MartelTurnkey) so thought I'd leave a review on what my experience was like: Prior to my purchase, I was waiting to buy real estate through a turnkey provider for quite some time but never felt fully confident with how various providers were operating or with their inventory for me to make the jump.

Would it be a conventional mortgage as a 2nd home?  

My husband and I are now looking at other places more  look at Columbus Ohio for new construction. don't buy existing 100 year old inventory that the 1 of 20 realtors here will try to sell you and don't for all the off market stuff either 

Banks want at least 3.5% FHA or 5% conventional which sadly to say I just don't have.

As a non owner occupied property minimum down payments are:Conventional (single family) - 15%Conventional (multifamily 2-4 units) - 20%Non-QM (1-4 units) - 20%Certain Non-QM DSCR products allow the use of gifted funds for your down payment. 

Since the property is there, I can only do investor loans in AL, but from a consumer standpoint you can do Conventional, FHA, VA, and USDA as a renovation loan where you take the cost of the property plus the cost of the renovations as your purchase price up to the value of an "As-Repaired" appraisal.