Credit disputes are a hard stop for conventional and FHA.

We currently have a conventional mortgage

When we go to conventional closings, we sign that we intend to occupy for at least a year.  

You don't need a conventional bank to make this happen. 4.

Conventional Investment Loan How did you add value to the deal?

I would like to get a conventional loan for our house and a commercial loan for the MFH.

There are potentially other options with low down multifamily that are not FHA...I recently did a 4plex deal here in San Diego with 5% down conventional.

That would cover your student loan as well as your higher PITI, and the assets you buy should outlive your debt payments.Things we don't know that affect your planning:A) conventional cash out refis are generally limited to 80% LTV.  

Hi MaxNewbie here too.i dont have much capital to start and there is not much of conventional financing to talk of where i am at.Been listening to podcasts on private money lenders to do a flip It seems this strategy requires alot of networking and rejection that goes along with it but once i get the few private lenders i need then a rehab is the goal.Need good contractor and rehab system to ensure its profitableThe purpose is to build that little bit capital for that buy and holdI look forward to here your story as you roll out

The BRRRR strategy is a really good one, but be aware that most lenders ,hard money and conventional , require a resting period before allowing a cash out refi.