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. 

203(k) loan, then refinanced to a conventional loan.

Hello Forum,I need your guidance in understanding what is better option when it comes to financing the commercial properties (multifamily rental apartment bldg.) for around $400K between Hard Money Lenders and Private Money Lenders and conventional Lenders (Banks)?

I’ve been trying to get a feel for the market and would love to know current inventory levels compared to this time last year and average days on market per property.

Keep in mind that most of their homes will not qualify for conventional financing so you’ll have to have everything ready to go with an investor friendly bank before you bid.

In a conventional loan there is both an appraisal and an inspection prior to closing.

Of course, realtor.com,  austinhomesearch.com and similar sites have all current listing inventory.

New to bigger pockets and would love some advice on refinancing or not...We bought a $640K Multi Family home in 2012 (north hollywood, Ca) with a 3.5% interest rate, FHA loan.We refinanced in 2015 and took out 100K which brought us to 709k with a 4.875% interest rate.We're now at about 680k with a $4800 mortgage, $600 of which is our MIP which I guess we can't drop until 2027 unless we refinance with a conventional loan. 

New to bigger pockets and would love some advice on refinancing or not...We bought a $640K Multi Family home in 2012 (north hollywood, Ca) with a 3.5% interest rate, FHA loan.We refinanced in 2015 and took out 100K which brought us to 709k with a 4.875% interest rate.We're now at about 680k with a $4800 mortgage, $600 of which is our MIP which I guess we can't drop until 2027 unless we refinance with a conventional loan.