HUD.GOV is originating source for FHA loan info.

I would keep as much liquid as possible and essentially get you to 20% equity or more by renovating the property. 

If I were to approach a seller of a $200k home, and they had a remaining mortgage of $100k, could I get a new bank financed loan for that $100k, and have the seller finance the remaining $100k of equity to me?   

and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..

You can probably find some around DFW in some of the outer cities for around $250,000, so 1031 the ones with the most equity into more properties with chances for more appreciation.One thing I would suggest is not to buy NEW from the big production builders. 

Hi Henry,I'm a licensed loan officer in Georgia, if you need help with anything up that alley, let me know! 

I can check in with my local bank, but I don't want to waste their time when I'm not yet serious about doing a loan with them.   

You just can't beat the financing available, the rate is good but the LTV (96.5% on FHA loans) is unbeatable.

They'll loan on a rental portfolio. 

Loan Amount: We specify this as a percent of the purchase price.