Account Closed Thank you for the succinct post, I appreciate this insight a lot@Robin Simon Thank you for dropping that golden nugget right there, very helpful This might be esoteric and beyond the scope of this discussion but if someone's interested, this paper by FHFA discusses the entanglement of fiscal policy which influences treasury rates and bond yields and mortgage rates in detail 

@Simon Njuguna well, I probably shouldn't comment on your current lender and that 5% program.....so let's go to the other piece - why can't it go FHA? 

Thank you @Robin Simon.

Simon

@Colin Simon That's how I understand it.

I also spoke to Simone who gave a podcast here recently and it was a learning experience.If you want to pm me I can tell you how I found the lenders for these "under 100k" properties as well as agents and prop managers that work in those markets because not all agents will.

@Simon W. thanks for your opinion.

My name is Simon.

Originally posted by @Hugh Ayles:@Simon ShihWe just paid a bit more than that in Austin.  

@Simon ObasMake sure you work with an accountant that specializes in real estate taxation.