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All Forum Posts by: Levi Fox

Levi Fox has started 2 posts and replied 3 times.

FHA is solely due to low down payment. I haven't considered portfolio lenders never heard of them until now. Right now we're shopping for FHA's. Theoretically if we stated in the offer that the mobile home is of no value due to the condition it is in (which is falling apart literally) would that work?

So I'm currently in the process of trying to find out how to finance 2 duplexes and a mobile home with a FHA on 1 lot. What would be the best way to finance it without having to do a commercial loan?

I've looked around and haven't seen anything helpful. Any insights or pro tip of the day would be helpful. 

Thanks, 

Levi Fox 

Call me crazy or overly optimistic about investing, but I'm currently analyzing an aparment complex with  2 older duplexes and 3 newer fourplexes. I'm not done analyzing it yet to see where the numbers make sense, but I wanted to see what financing options I have available to see if it's even really possible or worth my time. Creative, traditional, or anything that you may know or have done to make a purchase this large. Any help is appreciated thanks.