So my suggestion to you is find an area that you are interested in then dive in and do your home work, see what the community is like what future employment and current employment rate is, find out who is providing jobs and potential suppliers of jobs, research the RE market and neighborhoods, what is the inventory to DOM ratio, there is an # of market etc etc...

17th Annual MrLandlord.comNational Convention in St.

I can buy this property on a conventional mortgage and only need 5% down.

Between flooding and first time home buyer HUD properties that for some reason ( i dont understand yet) you can not buy the property with a conventional loan or cash.

I closed on my second rental, a SFR using conventional financing in Jaunary and starting a somewhat decent sized rehab on the property and it is on track to be rent ready by April 1st. 

There aren't many "deals" to be found anymore.I make about $80-90k depending on my bonus so I'm not sure what amount of credit I'd qualify for outside of a conventional loan for the loft.

Do you qualify for conventional financing? 

You have conventional, portfolio, and commercial loans available.  

Ya, I have a lot of friends in the US and am currently looking to invest in the US but it’s nearly impossible for a Canadian to get a conventional mortgage with a decent interest rate. 

I have heard different things about conventional loans.What percentage down payment should I prepare for?