The first broker said all banks must adhere to the requirements of conventional loans.

If so, you'd be looking at using a different loan type for that.Assuming you're the end buyer, then the fees depend on how you and your wholesaler worked it out. 

After over a decade in asset management where I currently oversee a portfolio of more than 45,000 apartment units nationwide for a large Fannie Mae/Freddie Mac lender, I am finally ready to get into my first small multifamily buy and hold investment.

I wanted to reach out and share some exciting news—I've just finalized the purchase of my first rental property, and the closing is scheduled for next week.As I embark on this journey, I'm eager to kickstart the process with some guidance from seasoned investors like yourselves.

(There are even some who believe that the seller providing a loan to the buyer will disqualify the exchange entirely, but that's not been our experience.)The most straightforward solution is to have the seller provide a cash loan to the buyer outside of closing. 

Va loan

Hard Money loan through Blink lending.

So should I ask about loan options or save that for deal talk?

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

I have brokers lining up some pre-approvals but wanted to see if anyone has had some local success with conventional financing or some type of rehab based loans.