They will work within whatever guidelines that party has set for acceptable loans for transfer, so to that end you could research the Freddie/Fannie guidelines.

Set up your acceptance criteria before talking with anyone/accepting applications.  

Hi @Alex Chau,The largest challenge you will face is getting your 3.5% FHA offer accepted when competing offers will be 25%+ down conventional for an open market MLS property.

He knew whatever ratios that HUD uses to accept offers (they would accept a certain % off list price to a certain date, then a different %.)  

The property is a Short Sale.PP-$275KARV-$410K - $430K (most recent comp sold for $457K 2 weeks ago)Estimated Rehab Cost - 60K (unable to walk the property until the offer is accepted) Holding Cost - $1200 Per Month (6 month estimated hold)Buyers Closing Cost - 3%Seller Closing Cost - 3%Realtor Commission - 5%I am looking to get the loan from a private investor and will be looking for the loan to cover purchase, rehab and holding cost.  

Some people will accept that, and some won't.

They may have an acceptable offer, and it hasn't actually been signed by the bank yet.

:__________________________________________________________Yes ____________________visual inspection of components conducted with no notable defects no water was introduced due to intact winterization _____________________________________several shingles were missing or out of place on the roof, no water stains inside nor in the attic Roof: Damaged --Other: N/ARoofing in acceptable condition?

In a short sale situation, the seller will usually accept any reasonable offer (What do they care?

Are you accepting it as is?