My thinking was to refinance, without pulling out the equity, to a conventional loan so I can rent the house out in the future.

There are 3.5% down FHA loans, 5% owner occupied conventional and down payment assistance programs you can look into.

If:-Current joint primary Mortage with spouse 300 k-Won’t qualify for conventional or investment loan because dti is too low (they ding you for entire primary mortgage plus taxes)- liquid assets 600+-current home equity 800k+Looking to buy second home for short term rentals / investment around 300-450kBesides HELOC what are best loan options and why?

We could likely save up for a down payment on conventional financing in the next year, but what other strategies have you used to finance your second deal?

25% down and conventional financing.

I have been speaking with a few customers and conventional loan officers lately regarding 30yr financing on investment properties and the rates I am now hearing are north of 5%.

I spoke with my Broker and being that there is no kitchen they are not able to provide conventional funding.

I’m curious if any of you would share some manner of “risky” financing that you engaged in, from top-of-buying power down payment + conventional financing to short-term or private lending that you really weren’t sure how you were going to pay off, but you played right, worked out, and you and your lenders were happy with the results?

The disadvantages of this loan type is it will be a higher rate than a conventional, Minimum credit score allowed is a 660, 6 months of reserves, and a 80% max Loan-to-Value.

The way I started and I think the best start for most people is to purchase a house hack with an FHA or Conventional loan.