Here's a breakdown on loan options to consider:FHA Loan: @Brittany Minocchi is right in looking at FHA option.  

I finally fired them and my property is SOOOO much better.

Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes. 

I'm learning more about loans and such as I used the VA.

Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.

.- Collect Tax Certificate to verify Property Taxes are Paid- Get a current statement from the seller to verify the existing balance, if they are delinquent, you can get the bank on the phone to verify the amount to make the loan current.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.

Each persons ability to take advantage of opportunities and/or incentives will be unique.Overall you want the find the highest and best use of your cash that delivers the fastest return.If applicable to an owner occupant purchase, the best use of funds would be to accomplish getting down payment assistance, utilize a 203k or HomeStyle loan (to force the equity), and to house hack.

Thank you.I've personally bought and sold over 15 properties, was a Realtor in Texas for 5 years, and a loan originator for almost 10.

You may be serviced 3 times during the storm and a final clean up and salting after the storm .

But now things are working more smoothly and after finalizing the accounting for last year, I have a better idea as to what kind of profit to expect.