I see little benefit in the FHA as an option as long as the 5% conventional loans are available now.  

It allows you to take advantage of a low down payment loan.

They will go up to 100% loan to value or LTV (or used to). 

They finally get back to me after the close date to say they need more time because they are try to cross collateralize their other properties to make this deal happen and the bank they were using doesn't do this kind of loan. 

We have many inquiries for a tour. 

Many banks securitize their loans (bundle them together) and sell the loans to Fannie Mae or Freddie Mac, while continuing to service the loans, that is collect your payment.

@Jordyn Ohsnot enough info to helpbut if you're using a HELOC for the down payment AND getting a loan, then you're probably negative cash flow given that's 100% leveragei would never do that unless i were going to refinance in the short term

Most min loans amounts are going to be 50-100k, so an issue there.

If you have any loan questions feel free to reach out. 

I began shopping for a large construction loan to build a new car wash on the land.