Breakdown below:$200,000 purchase (paid in cash)$175,000 rehab (paid in cash to be completed approx 6 months after purchase)$450,000 ARV (based on realtor CMA)*Will owner occupy after rehabIs it possible to take out a standard conventional owner occupy mortgage this long after original purchase if there are no lenders in first position? 

Inventory has decreased with an uptick in prices.

Our only problem is pulling conventional loans via our business, as it doesn't provide income in an orderly fashion like banks and standard lenders prefer.

Applicable to conventional loans generally, not FHA/VA.

This demand comes from primarily high priced markets were the cost of entry is quite a bit higher than the quote un quote turnkey markets of Central US and deep south and Rust belt cities.. that's were the inventory is that can be bought.. there is more houses than there are owner occ's to fill them.. so this creates inventory for flippers for rental purposes.. take it another step along the food chain an these companies realized for customer care and a full service package they needed property management in house and tight controls on rehabs..  

Going conventional with the help of a savvy MLO in the long run for multiple acquisitions will probably yield more fruit over time as opposed to going the FHA route imo. 

I have been a long time observer of the market as I often research the inventory in my spare time but am just now deciding to get my feet wet.

Also, would it make a different whether the loan was a commericial, over 5 units, or conventional in how I qualify. 

Potentially using FHA or conventional loan to buy the house I’m currently renting with roommates or buying a duplex and maybe moving in once my lease is up in a little less then a year.

The 25% down payment is no problem for a conventional loan, but until it is occupied and operating well, I wanted to reach out to the BP Community to see what other expenses I need to account for right from the start until it's occupied.