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Updated almost 9 years ago on . Most recent reply

Lakila Richardson's profile image
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Lakila Richardson
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  • from Atlanta, GA
  • Member since Jul 26, 2015
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Lakila Richardson's profile image
Lakila Richardson's profile image
Lakila Richardson
  • Investor
  • from Atlanta, GA
  • Member since Jul 26, 2015
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Lakila Richardson
  • Investor
  • Atlanta, GA
1
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31
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Private Lending & Conventional Mortgage Advice

How Can I Win a Bid on Fourplex with FHA Financing?

Lakila Richardson
  • Investor
  • Atlanta, GA
Posted

Hi BPers...I'm an investor in South Florida and looking to utilize an FHA loan to purchase a fourplex. There are a lot cash buyers in this market and obviously cash is king, so please provide any advice on competing for bids when my financing will be through FHA. As I understand it, many sellers don't want to deal with FHA due to the lengthier processing time.

Has anyone been successful with navigating this?

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Max T.'s profile image
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Max T.
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  • from Philadelphia, Pennsylvania
  • Member since Jan 4, 2015
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Max T.
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  • from Philadelphia, Pennsylvania
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Max T.
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Max T.
  • Investor
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and the highest offer

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