@Wayne BrooksSo if I’m understanding you correctly, so long as i payback in full my fha loan or refinance it into a conventional mortgage, i can get a second FHA loan?

Conventional 25% down How did you add value to the deal?

I also know that when buying investment properties, I will need to use a Conventional loan with 20% down.

Hi @Nevin Hofing,So, from what we've seen in the past, it'll be pretty difficult - if not impossible - to get a conventional loan without the income or the W2.

Hi Everyone, Wondering if anyone has any experience working with a Healthcare recruitment/placement agency, in regards to finding renters vs taking the more conventional route and posting an ad.

Once the rehab is complete I plan to refinance into conventional financing and purchase another value-add deal using FHA financing.

Perhaps a conventional loan is cheaper?

Even though there may be some conventional financing available, realize that many lower middle and lower income people cannot qualify for a conventional loan in doing a creative seller back note will solve their problem and provide you cash flow.As long as you qualified your buyers and they have demonstrable steady income, I see no problem in being able to resell seasoned paper.

I used a VHDA loan program and 30 fix-rate conventional loan.

I'm working with a person on their team I really like too (both credibility and personality wise).Numbers wise:Property: $221kDP & Closing: $50k - rest loaned through conventional.