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Updated over 8 years ago,

User Stats

36
Posts
5
Votes
James Gilpin
  • Grand Rapids, MI
5
Votes |
36
Posts

Using FHA Loan After Direct Mail Campaign

James Gilpin
  • Grand Rapids, MI
Posted
Hi All, I am struggling to tie down goodfellas as whenever I make an offer I get beat out by a cash offer. I have around $15k and looking to go 2-4 unit on my first deal. My question is... If I did a direct mail campaign (that was worded to not offer cash) would it then be possible to get an FHA loan through the bank? I am thinking of targeting properties that are 2 years or more behind on taxes. I can use part of my $15k to pay off taxes then tie down property at a good price FHA. Let me know your thoughts. Thanks!!

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