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

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

@Brandon MorganTo buy your second property sooner, consider conventional loans with a 5-20% down payment, house hacking with an ADU, Home Equity Line of Credit, or cash-out refinance.

I would suggest you talk to a mortgage broker or a bank though - if those homes are zoned commercial you will probably have a hard time getting an FHA or low down Conventional mortgage.

Conventional financing would be difficult as they typically require 12 months seasoning to use the newly appraised value.

My real estate agent thinks he's nuts, but she has more experience with conventional loans than DSCR. 

When I talk with the investors I work with That have used this plan they find if they are buying right in a good appreciating market with conventional financing they are able to drop the PMI after the first year.  

For one, if you have any properties with conventional loans on them, this makes things much more complicated and severely limits your ability to limit your liabilities.

Hi BiggerPockets Community,I’m heading to The National Due Diligence Convention in Houston this weekend.  

* We purchased with conventional financing using 5% down.* We financed all rehab using 0% credit cards.How did you add value to the deal?