If you are buying something that's stabilized, then look a doing a 3% conventional.

Although this past weekend on one of my listings, we had a buyer come in with a conventional loan (yep, conventional) at 0% down.

I want to use the BRRRR strategy but I plan on doing a couple conventional investments to build up experience before I bring in a private lender. 

Private Money short term, credit cards, cash, refi 30 year conventional after rehab complete.

Private Money short term, credit cards, cash, refi 30 year conventional after rehab complete.

I'm not sure exactly what you're asking here, but most conventional lenders will only participate in a land deal if you have an immediate plan to develop it (which it sounds like you do).3.

Chris, huge props to you for constantly providing expert point of view on the conventional mortgage industry. 

conventional down and cash for rehab How did you add value to the deal?

You might even be able to do FHA 3.5%, or conventional 5%.

For example, interest-only payments for a 12-month term and then the entire principle balance is due in full.However, in your specific example, I personally haven’t seen too many private lenders excited about funding down payments (since it means a second lien position), or conventional lenders that will allow the down payment to be borrowed for that matter.