With Hud Homes it is also a program designed to help those who want to become home owners and can not put down the traditional amount.There are more details that are involved and I will also explain that the 3.5% down was relevant at the time I was licensed as a Realtor.

But in the end, it comes down to choices.

Either way, you made the right choice.

Just know the that your choices can both have positive and negative effects.

Some things to keep in mind are the following when doing the math on the choice.- Good financial analysis as SFH as a rental (Note: I would trust a good/local property manager more than a banker on going rental rates.  

@Andy Chu I lend on traditional loans, hard money loans and loan my own money.  

Good luck, hope you make the right choice. :)This morning's rant brought to you by Gevalia Kaffe, 100% Arabica coffee, a rich, never bitter coffee experience, And by, Pall Mall vapor flavoring, a smooth smoking experience without the concerns of smoking.       

Oh, so many choices....  

The presence and or choice of job was not under consideration.Now - I have my reasons why even though I agree with you and the video, I think job is the wrong way to go.

Choices:1 - Refiannce on the new property and use money to make a downpayment on a new property2 - Save up 20% for a new property3 - Try to quliafy for FHA loanI am wondering mainly in NOVA because our market is tapped out, is it even a good time to buy right now when everyone is saying the bubble will burst?