Va loan to be used for this investment or would you pick a conventional loan?

Obviously banks won’t release inventory in waves, which would stagnant the rising prices of real estate.

I am going to go to a local bank for conventional financing so hopefully the 6% rate actually comes down to more like 4.5-5% (I have 750+ credit).

I already have 4 conventional mortgages, but I'm looking to pick up a few more properties for long term rentals.

Is this 400+ MHPs for sale normal inventory?

conventional??...

It is not inventory in a business that you buy and sell.Many tax advisors say you need to hold the property for over a year, for two tax years, etc.

A conventional rehab loan may work.Here's a break down of some options that may be possible:Coventional rehab loan80% arv - rate <12%, 4ptsHML Options80% arv 12-15%, 4pts65% arv 18% 0pts70% arv 15% 3ptsYou may also have some other options depending on your available equity from other properties.

Collins/Greely with about an 8 month inventory of unsolds and builders starting to crank up the incentives are very thankful that they're not Denver.

It relates to amount of inventory in the area, the quality of the specific units, and the general economic climate for that type of property and in that locale.