Up to 4 units, you can obtain a conventional 30 year residential mortgage.

If you plan to wait to save up enough capital to do a conventional loan for each property, your portfolio will likely grow very slowly.

To sell a mobile home and for a buyer to get financing conventionally, there are restrictions on the age (not a big problem since it's like 78 or newer), size (double wide is better), and how many times the mobile has been moved, how many owners it has had and if it is on a permanent foundation.

Conventional.

More amazingly, it’s the ninth straight month of double-digit price increases!

Then use my VA loan to go get a nicer 4 bed for my family to live in.Pros option 1: Only 3.5% down, doesn't tie up another VA loan, if  flip is done right I could refinance into a conventional loan.Cons option 1: Could be tougher to cash flow with only 3.5% down plus the PMI associated, forces family to live through a flip.Option 2: Buy home with VA loan, live in for 4 years, move out and hold as a rental.Pros option 2: Easiest solution, least amount of headaches, family doesn't have to live through a flipCons option 2: Doesn't provide the most amount of potential growth, ties up another VA loan.Option 3: Buy rental with conventional loan, buy personal home with VA loan.Pros option 3: Easier solution, doesn't force family to live through a flip, gets rental and nice family home at same time.Cons option 3: Won't have the money to do major renovation on rental could cost more in long run, ties up a lot of money in rental, slow growth without doing renovations.

I have been looking at my options for hard money at 7% and conventional at 3.5%, would 5 or 6% be a good offer to them? 

I was wondering how long it can take me to get a conventional mortgange for instance.I would love to stay in contact and hopefully others will join as well.Kind regards,Eray

Convention 30 yr fixed w/10% down How did you add value to the deal?

Our CPA is telling us to keep the property in the LLC for the exchange for taxes but our lender is telling us to transfer title to our personal names so that we can qualify for a 1-4 conventional mortgage.