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Updated over 3 years ago,
Potential buyer with an FHA loan
I would love some advice from some more experienced folks on the following situation: I have an off-market offer for a multifamily that I would like to sell. It's at what would be my asking price if I listed it, but it's an FHA loan. I would love to not have to list the property and put the tenants through showings, etc...especially with covid still being an issue. The property is in decent shape but it is a somewhat older property. How big of a pain is the FHA loan process in terms of inspections, things you have to fix prior to closing, etc. vs a conventional loan? Thanks in advance!