If I’m able to get an offer accepted at below 150, say 130 or 140, and put 20% down, would I be able to pull my money out of it @ the 80% after the appraisal?

Considering your goal of house hacking a duplex, while FHA loans are common for first-timers, there are alternative financing options to explore:Conventional Loans: Need more credit and down payment, but offer flexibility. 203K Loans: Ideal for fixer-upper duplexes, bundling purchase and renovation costs.VA Loans: Great for vets—no down payment, competitive rates, and no mortgage insurance.Portfolio Loans: Private lenders, good for unconventional income or credit histories.Hard Money Loans: Quick, high-interest, good for investments or major renovations.With $30,000, mix it up—use it for a down payment, maybe pair with a conventional or FHA loan.

At the cost, and given the benefits of most mortgage insurance offerings, is it worth it to pay (however much extra it is)?

We have held it since then and are not planning to sell because our children have asked us not to.Good luck on your search.It was disappointing, BUT, I now had contact, why not make an offer.

I know this is an old post, but I just saw it now and figured I'd add a comment here in case any of you are still looking for a PM in North Jersey that offers excellent service!

We offered cash to be competitive with the offer, there were 35 offers in 5 days.

I suppose it would depend on the building code if that was offered or not, or had to be hard wired in.

Profit Potential: Fix & flip can offer quick returns if you buy properties below market value, make strategic renovations, and sell at a higher price. 2.

.- Additionally, we will use the loan to remodel our current home and rent out. 

Integrity goes a long way.You can also give a very generous closing gift, offer additional information/services post-closing, and/or offer a rebate for a portion of your commission at/near closing time.