The only real advantage to using an FHA loan is to offer only 3.5% down payment, which in my opinion is barely justified as an advantage. 

There were people out and about smiling and offering free food to other residents.Through the ups and downs, we continue to believe in the project and the area.

Now you have enough to pique your interest further, but it still gives me the hee-bee-jeebies.Next step is to ask to see the offering documents regarding the syndication.

Why not use the higher end of the estimate and once you are serious about putting in an offer contact your broker then?

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

The investors I know finding properties on the MLS are making 30+ offers a week, embarassing offers, in hopes of finding 1 or 2 properties a month.Others are door knocking, cold calling, spending money on mailers to find off market properties.  

I can make offers that would cause the 1% rule to hold, but these would often be at around 60% of asking price or market value.

Lots of us are happy to offer suggestions but I think we need to understand your situation better.All the best!

Whether you’re offering services, partnering on projects, or exploring your own investments, leverage your expertise to identify undervalued properties and add value.

Dang, all offers were due yesterday and I didn't make one.