Fannie Mae Homestyle is the conventional alternative.

The tentative plan is to do at least one conventional mortgage for a SFH or Duplex and then, if possible (and the numbers work), an FHA into a tri/quad multi shortly thereafter.

Your valuation will likely be only based on residential market.Find out what the market rents for a conventional 4 plex rental is and you will likley be closer to assessed value.

Cause they will pull your credit score so you need to have a semi decent credit, also they will want % down, you will probably have to declare how much income you have per year and they usually like to see 2 years of stable employment This is for a regular conventional loan

I agree about that, if i cant live there more than 50% of the time i wouldnt go primary and get a conventional loan, but im thinking i may be able to have my job allow for remote work, and have my family stay there for a year or two while we fix the place us a bit@Josh LeClair i appreciate that, and i could definitely use some direction from someone who has been in that market!

Do you know if I sell or refi to a conventional can it be used again??

As most of us are seeing, inventories are either increasing or steady, while sale prices are softening. 1.

@Joseph Seago if the property will not be owner occupied you can purchase as an investment property with 15% down minimum on a conventional loan.

Back in 2011-2012 it was easily the hottest most advantageous market for investors, but after everyone flocked there it soared the prices, shrunk the returns and inventory got low.

In that regards, it could be an easy way to conventionally house hack.