Generally it is rated based on the # of properties, # of vehicles, and Limit (sold in multiples of $1,000,000).  

If I'm understanding correctly, we could keep our 1st duplex with the FHA loan (until rates lower then we'll refinance) and then still use an FHA loan for our 2nd duplex since we have lived there for over a year?

Purchase price: $900,000 Cash invested: $100,000 In an investing environment where intrest rates are high, creative financing can help maximize cash flow.

A quick Google search shows that Class C in Dallas gives a 5.75% cap rate.

DSCR is a better option on rates and cost compared to Fannie and Freddie loans.  

I wanted to post this to warn my fellow investors about them, they do lease-to-owns buying houses dirt cheap from banks and sell them via LTO for often 600% more without doing any work to them.

Current Loan Balance: 100,952Interest rate: 3.75Mortgage payment + insurance/taxes: $1066Rent: $1500/monthEstimated current value: 227k Current cashflow: $369/ month, I also have a first american home warranty on it $68/month so after everything I net about $300/ month. 

It'll tell you a $500k conventional mortgage was recorded in July 2021, you can infer from the ownership record that it was a refi (same owner before/after), and you can ballpark that rates were around 3%, assume it's a 30YF, so the balance "should" be X, but you have no way to know if they made a large lump sum payment, pay extra each month, etc. 

We have a interest rate around 3% on the SFH, purchased in 2021, so doing any refinancing with that doesn't seem to make sense.

According to HUD Fair Market Rental Rates for 2024, the market rent for each unit in the 34608 zip code is $1,700 per month.While the units are in good condition, consider updating the kitchen, bathrooms, and fixtures and adding a fresh coat of paint for a fix-and-flip strategy.