Getting an FHA Offer Accepted

[Ian Barger]

Does anyone have any suggestions for getting an FHA offer accepted in this extremely competitive market? I am trying to purchase a small multifamily property to house hack for my first home and I am finding that getting an FHA offer accepted is difficult. I understand why sellers find FHA buyers less attractive than a conventional loan buyer, but FHA fits my needs much better. Does anyone have any strategies to make my offer more competitive or should I just wait a bit longer and save more money so that I can put more money down with a conventional loan?

Thank you! 

[Michael Dumler]

@Ian Barger you're correct, conventional will require at least 15% down for 2-4 unit owner-occupied properties. You're going to have to get creative in this market to find a solid house hack deal. Have you potentially thought about analyzing SFHs that contain an in-law suite that could be converted for Airbnb use?