I financed this deal with a 5% down conventional loan.

And should I just get a conventional loan?

I am confused on if this financing is amortized like a conventional loan, or do you make it interest-only with a balloon? 

Ok, here’s what I’m trying to figure out.As a first time real estate investor, I understand what’s available in term of funding the purchase, for the most part.If we go the hard money/ private lender route, we’ll need to refi after the 1-year balloon, which is what I’ve been told are the terms from the lenders.If I’m doing short term rentals, my conventional lender is telling me I need to wait 2 years to be able to use the income.Any ideas out there on how to refi at the 1-year mark for the balloon payment if you can’t use the income yet?

I have been hearing differing opinions on financing.. my question is.. which would be better a conventional loan  or form an LLC and   use hard money? 

(Pros-cons) OrFinance the whole thing on conventional having to put 25% down?

I’m closing on a another property in 3 weeks and already using my second home/vacation conventional loan for that.

I further read tips on re-fi under a conventional loan but transfer the property under the LLC.

In regards to the refinancing I should’ve included refinancing into a 30 year conventional loan outside the VA

Also, I use a software called Hostfully that helps automate processes and put together digital guidebooks.