Conventional Fannie/Freddie loans do not allow financing under an LLC.You need to use a commercial/portfolio lender but the rates/terms will be less favorable.

@Neil Quinn You should be able to get conventional loan programs that only require 3-5% down in most major MSAs.

I found a property i want to buy but it seems my conventional loan lender may have concerns about the repairs the house needs.

I had a few concerns/questions I am hoping the BP community can help me out with:My plan is to take out a conventional loan with a 20 percent down payment. 

I think basically the deal with ABQ is that there is very little growth and very little new inventory coming online, which means on the one hand you are protected from rising vacancy but on the other investment RE is expensive for what it is, as no new inventory comes online to push down prices. 

As someone looking to get started wIth BRRRR, I’m wondering if that makes things harder than going the individual route with conventional financing.

Is this because conventional/investment property loans aren’t normally used for flips?

Milwaukee does have a disproportional amount of renters and a solid inventory of low-priced housing.  

I've been asking around and it seems in Chicago I wound't be able to get a conventional loan for less than 60k, how have you guys financed a single home purchase when it's been under a minimum amount like that?  

I started with the nice, conventional mortgage from a credit union, buying something that was on the MLS.