This is a rant about the nightmare that is getting a conventional mortgage at Chase and I'm not sure if this is the right place to do it but I want this to be a warning to any other investor that may be looking to use Chase especially on a deal that has a tight closing window.

My original plan was to save up money over the next year to pay cash and use the BRRRR method, however we have looked at a few properties and have considered just buying property with a conventional mortgage if we find a good deal in the area we like (we have enough saved for 20% down and light rehab).

There has to be a balance.Over the last 6years we have seen property values go up 5-8% per year and now we are double digit.

For a conventional loan, the bank wants to see a 90 day period of regular payments before you are eligible for another loan.For an investor that has exited forbearance, is this rule similar to commercial loan requirements?

In my opinion the conventional sheetrock and paint is more aesthetically pleasing but would be the much more expensive option.

Purchasing a SFH in Indiana for $75K, with conventional financing.

Is there a limit to the conventional loan for a 10% down second home loan?  

City water is more conventional, but it is also expensive.

Conventional loan Lessons learned?

I’m in Kentucky and properties are in Tennessee.  5 single family rentals currently on 30-year fixed conventional loans.