Conventional loan How did you add value to the deal?

I purchased (3) turnkey properties with conventional mortgages under my name.

Use the savings as a down payment if you're going conventional, but it's just an opinion.

We are looking at how to get funding for this property, but we’re told that because it’s so unique, even if we get a hard money loan it may not be possible to refinance into a conventional mortgage because it’s too unique and there’s no way to value the property because there just aren’t any comps.

However, my wife got laid off start of the pandemic and I started independent contractor work, but no 2 years of tax returns for a conventional loan.

I’m curious to hear people’s opinions so that I can accurately weigh my options.I currently have enough cash to buy both a home and an investment property with conventional loans.

If your credit score is sufficient, a conventional loan will be cheaper. 

You will end up with an interest rate higher than a conventional loan but it will still be reasonable.

We did a 5% down conventional loan which means we are obligated to live there for a year.

If it's not a good investment property the numbers will tell you.Jaron,We brought the present home in 2012 as our first home.Its a new construction.I did run the numbers on the existing home.As I mentioned we paid 212k in 2012.Took an FHA and refinanced to conventional a few yrs later.(3.5% for 30 yrs Balance on mortgage 160k).Mortgage runs to 1200/month.Our property can be rented out as is for 2000/month.Its a 4 bed 3 bath and rents in our community start with 2000 range for our sq footage.I want to pay off this house asap in next 5-6 yrs and free up money to invest in another house.The houses in our community are in 450k+ range.Hubby is preapproved is not the reason for another house.The other house is right opposite to our community  and is a 5 min walk from our house.So its not a big move.Except that I want to move closer to our kids friends.Our lender metioned Heloc maybe a good choice for further investments.I want to explore Home Equity Loan route to be safer.I am still a layman in Heloc route and dont want to burn fingers.Any advice.P.S.What is COC?