My name is Oli (short for Oliver).

I am at the early stage of looking at an opportuniy in the US Virgin Islands and I would like to know if anyone knows about how the lending works there?

Here's why:The stated FHA max limits are dependent on location, I get that, BUT, for example, the basic standard mortgage limits for FHA insured multi-families in Honolulu are as follows:2-Unit: $923,0503-Unit: $1,115,8004-Unit: $1,386,650HOWEVER, even though the max limits as shown on HUD's website for Honolulu show those that I've typed above, on the same page, if you scroll down a little bit, they go on to state, "Section 214 of the National Housing Act provides that mortgage limits for Alaska, Guam, Hawaii, and Virgin Islands may be adjusted up to 150 percent of the new ceilings."

@Eve Oliver why not save some money and use the orec lease. it is pretty good and i have a feeling quite a few lawyers looked it over before the put it online.

My virgin deal was in San Diego, a 2 on 1, in Northpark.  

Hey @Michael Oliver, I've used Mark Lawson for Hardwood installs and restorations.

But, be careful you don't bite off more than you can chew, and make sure you doublecheck your numbers, then doublecheck them about 6 more times.I've been doing this for almost 30 years so I'm not a virgin.

Hi @Oliver Hoeller,Welcome to BP!

I am relatively new to the housing industry and a virgin to R.E.I.

@Oliver Hoeller, I'll send you a PM.