Moving forward it is best practice to obtain your own third party estimate for repairs and use that support the repair contingency or price adjustment so that the seller has no influence on the cost estimate or timeline.

When it comes to obtaining a primary - I'd have a conversation with a mortgage broker that is TRULY investor focused when it comes to originating conventional loans.

Within the city limits there are essentially no regulations and one can reliably obtain a permit with some due diligence, however as a result the geography is saturated with active vacation rentals. 

You will find the highest number of Arab restaurants/grocers/entertainment here and a great and thriving community.Hey Aditya and nice to meet you!

So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

However, I asked the sellers agent of the seller would entertain seller financing.

The insurance is from a year ago quote I am currently obtaining an updated quote.

The more efficient solution might be to purchase from Grandma with the 25% down..you ca use the income to help qualify and obtain gift funds or other sources for the down payment.

If you previously bought a primary using an FHA loan..there are some exceptions that you could obtain a new FHA loan, usually within 12 months of occupancy and some extenuating circumstances that could allow for sooner.

Like my colleague said - there are some restrictions with trying to obtain another fha loan when you have an existing one in place.