My plan was to purchase the property with a 20% down conventional loan and rent out the property.

Conventional financing How did you add value to the deal?

The ditches and flower beds are never cleared. 

Conventional loan Lessons learned?

I am readjusting and will probably seek a property which could qualify for conventional lending with minor rehab.

They're more expensive than conventional models.

I've received a number of referrals for lenders in the Columbus market, but most of them are conventional or portfolio lenders.

Conventional financing.

The most typical reason is because a property needs rehab before being able to refi and a conventional lender won't lend on.

Some sellers choose all-cash purchase offers over higher-priced offers with conventional or FHA loan financing because they know a cash offer with proof of funds faces fewer stumbling blocks and is more likely to close.