Historically, conventional mortgage arrears and default rates in Canada are very low.  

Was that harder than speaking to the one  and apparently only bp convention?  

I have an FHA with 30% paid down on my current primary under 3%, 15 year terms but plan to refi to a conventional and pull out the equity to both purchase a new primary and get an investment property. 

The buyer pool was pretty much cash or conventional only.  

That four-home milestone is marked by the first roadblock: many conventional lenders will refuse a 30-year fixed loan beyond that point. 

Then a year later refinance the current FHA into a conventional and move onto another property and get another FHA loan. 

@Brian SpatzSome of my clients have credit scores in the low 600s and still get double digit million dollar loans.

I plan to access the equity, about 60k, thru a Cash Out Refi to a conventional.

Hotels spike their prices when conventions come to town.I don't know if that residential apartment complex is operating like a commercial business.

@Karen Margrave  from my talks at conventions and such with the bigger companies... and or the presentations they make...