I also have a duplex with a conventional mortgage that I live in.

My mortgage lending officer told me I could put 5% down on a conventional loan on up to 4 units.

If I used a conventional loan on my first duplex purchase, but now I want to purchase a 2nd duplex—can I use the 3.5% down FHA loan if I plan to owner occupy 2nd property??

Whether it be a HML/Private lender or conventional financing, it's always a good idea to get an idea of how much a lender is willing to lend.- True, in your experience would you say that banks are eager to show?

We were able to take out a loan on it, with my dad, at 10%, interest only, towards the purchase of another property and rehab costs.... which will be refinanced in 6 months into a conventional.

We were able to take out a loan on it, with my dad, at 10%, interest only, towards the purchase of another property and rehab costs.... which will be refinanced in 6 months into a conventional.

I was thinking of buying an investment property with 20% down using a conventional loan then using the BRRR method to refinance and move on to my next project.

I have not worked with a portfolio lender myself, but they generally charge a higher interest rate than conventional lenders.

I used a conventional loan on an $85k brick home and put about $5k into rehab costs.

@Jan Walczak I can’t speak for the Toronto market, but you are correct that based on using a Heloc for DP and a conventional mortgage you need to take into account two sets of lending payment in your calculations.