Analyze cash flow, potential vacancy rates, and maintenance costs before making a decision.Secure FinancingTake advantage of owner-occupied loans such as FHA, VA, or conventional loans, which often have lower down payment requirements.

My condo is an HOA that is suddenly non-warrantable for conventional financing.

There is an annual NARPM convention that's pretty good.

3% Conventional Loan at 6.25% What was the outcome?

This can provide additional capital for future investments and get the next one.Or evaluating other loan options:Depending on your long-term plans, you could explore conventional loans or portfolio loans that might offer more favorable rates or terms with the new appraisal value factored in.Your decision depends on your broader strategy.

Conventional financing.

This way you're able to utilize conventional loans, each of you are allowed 10 of those.

Once stabilized, you can refinance out of the hard money loan into something more conventional.

If I am in your shoes I would buy 2-4 units, get a conventional loan, ask the sellers to pay for the max contribution (3%) towards closing costs.

The loan info (hard money for acquisition; conventional for refi) is from actual conversations or emails with lenders.