The average build cost is nearly identical but the lower price range nets out 308 builds in ten years vs 303 with conventional algorithms. 

I financed the deal through a combination of personal savings and a conventional mortgage.

I financed the deal through a combination of personal savings and a conventional mortgage.

I was recently at the BP convention and met several brokers who seemed to think I should just jump in and start representing investors as I seem to know what to do, but I guess I am hesitant because I have never done so.

Conventional lender asked us to add a stove and put doors on the cabinets…we argued that we didn’t own the house.

We understand that we'll need to use a local bank to obtain non-conventional financing as well as putting more than customary down.   

Regardless you should see if you can do a conventional refinance instead, to take out the Mortgage Insurance on the FHA loan.

Subto on conventional loans?

Conventional, FHA, and USDA all have products with very low downpayment options and government-subsidized rates for first time homebuyers who have a normal income.

The one I owner occupy I am looking to Refiance out of the 6.75% rate I have currently in the future.I know conventional lenders require a W2 income to refinance.