As manufacturers of prefab wooden buildings, we are seeing growing interest in prefab due to the shortage of builders and in green building by impact investors.

How do you secure financing to purchase multiple investment Property if you can barely qualify for 1 conventional mortgage for 1st investment property?

I also want to get pre-qualified for a conventional loan at the same time.

Now that conventional rates are going up it only makes sense to use a private lending institution.

I found a For Sale By Owner property for $393k on Facebook and went on to use a conventional loan (20% down).

The lender says we can do a conventional loan but the downpayment will almost double. 

Financing: conventional owner occupied. units rent for $650 $650 $700.

A conventional loan requires a 4 year wait. 

Completely understand it costs more, but we are not super interested in Quitclaiming properties into the LLC and dealing with conventional loan lenders getting upset about it (potentially).Thanks!

Be an investor FIRST, then wholesale.Second, conventional wisdom says to build your buyers list FIRST.