Conventional is not giving me upto 75% LTV due to the DTI My properties are cash flowing really well and are appraised at a good value but still under $100K, except one which is $115K.

The problem is viewing the eXp model, through the lens of a conventional brokerage model, it will never make sense, because by it's very design it set to complexly change that paradigm. 

Rents have gone up quickly in metro Chicago area, but there seems to be more open inventory than the last couple of years.4. 

It was rejected due to it being a conventional loan and the seller is looking for cash only offers (septic system needs to be replaced).

I have brokers lining up some pre-approvals but wanted to see if anyone has had some local success with conventional financing or some type of rehab based loans. 

Some cons: no equity when you purchase, some times you will pay more than the property is worth, long waiting list, low inventory, and  lower cash flow.I tend to lean towards advising investors not to go the turnkey route but if you have access to a lot of capital and have very little time then turnkey is going to be your best option.

@Natasha Norregaard Find a good conventional lender to map out some scenarios for you.

For conventional you traditionally should have 20% down plus reserves. 

@John Mason, lenders will look at your credit history, income and assets held to determine your eligibility for a 15% down payment conventional loan.

., how much cash do you have to deploy and what is your price range to purchase, do you want to invest locally or at a distance, what ROI are you looking to get on your investments and does the inventory in your market support that, are you looking for turn key or are you trying to force equity into the property, are you looking to house hack or are you doing a 20% down and rent it out right away.