.$850 in monthly rent, will go up to $1,450 after.This is well beyond 2% rule, but I may struggle to get conventional lending if putting 25% down or negotiating a price below $50k.

SFR Or townhome NO HOA.My Budget: Anything below 225,000Loans I will be using: -Navy Federal Credit Union: Home buyers Choice.Or-5% Conventional loan.  

As you pay down the principle on the HELOC, you can draw on it as needed up to the full cap (which in this case is $33,750).Keeps you set up with a conventional first mortgage with no Private mortgage insurance.My question is, is their any potential in these options?

I haven't called around but was just going by what my conventional banker told me and what another TX based firm (Visio) had told me abiut themselves and generalized on behalf of others.

But the conventional wisdom is don't try to use an eviction for pets or unauthorized occupants as cover for non-payment of rent.

Even folks who are independently wealthy and live off their investment portfolio often have trouble getting conventional mortgages because they lack W-2 income. 

If you did a conventional cash-out refi (which would require placing them in your own name as part of the closing process), the max LTV on an investment property would be 75%. 

I understand that it starts getting difficult after 4 conventional mortgages, and you’re capped at 10.

In more desirable cities conventional mortgage is preferred by sellers because FHA requires clearance like termite(chk see if your area has that requirement). 

Should I pay the 20% out of pocket and obtain a conventional loan?