Final answer:
The maximum seller concession or contribution allowed on all conventional investment property loans is typically 2-9% of the purchase price.
Step-by-step explanation:
The maximum seller concession or contribution allowed on all conventional investment property loans depends on several factors, such as the type of loan and the loan-to-value ratio. However, in most cases, the maximum seller concession is limited to 2-9% of the purchase price.
For example, if the purchase price of an investment property is $200,000, the seller can typically contribute up to $18,000 (9% of $200,000) towards the buyer's closing costs or prepaid expenses.
It's important to note that seller concessions may vary depending on the specific lender and loan program, so it's always best to consult with a mortgage professional for accurate and up-to-date information.