After the year, you can move back to your current house while keeping the FHA loan. 

Hi folks,Real quick, I have an investment property that currently sits on 2.99% on a 30-year fixed and I have about $155,000 in equity that I would love to start investing in; mainly BRRRR's.

No conventional lender (that I've found) will be able to fit all this criteria, because it's very unique.Occupancy: Currently rented on a short-term basis (airbnb), however, in the process of securing long term tenants.Gross rent (for 1 tiny house): $14,400 annually ($1200 monthly)NOI (for 1 tiny house): $9,600 annually ($800 monthly)Expected Gross rent (for 2 tiny houses): $26,400 annually ($2200 monthly)Expected NOI (for 2 tiny houses): $18,000 annually ($1,500 monthly)Value of portfolio financed at 8% cap rate: $225,000Loan terms sought: 70-80% LTV loan size ($157k - $180k), 20+ year termAnticipated or actual appraisal issues: This is where one of the main problems lies.

I have a duplex in Central HIlltop and am currently buying 2 more and actively looking for more deals in Hilltop.

I currently house hack with a SFH, but I'm researching ti decide what my next RE project should be based on my preference and market demands.

What is your current housing and family situation?

We have an opportunity to pick up a lot and are wondering if it's cheaper to just buy a duplex/4plex that is already built and fix it up instead of building one from scratch with the current  construction costs being so high. 

The $5,000-20,000 profit if you sell isn’t much to work with, especially given you would need to move back into somewhere.If you like where you live, my vote would be to sit still and enjoy your current house.

We currently own 1, 4 Plex and am  working on strategizing the purchase of the next one.

Probably too late for these 2 duplexes currently in rehab, but going forward Ill probably need something more solid,.Thanks!