@Shawn it all depends on when the FHA case number for your loan was pulled.

In some markets Redfin pulls sold comps directly from the MLS.

Pull the money out once a month for a few days and put back.

If you financed all 6 of your units you could pull out $200k to use for a down payment on further acquisitions.Those units will still be cash flow positive paying down a $34k loan right?

Income, experience and cash on hand pull more weight than credit in my experience.Think about it... if Party A and Party B can be approved.

The mortgage can stay in your natural name while you title the property and operations of business into the name of your LLC.

There are a few things I would check before pulling the trigger, the first is the actual value of the house, it seems odd that the market value could be lower but check and see, the other is to make sure there is rental demand.

I get the point of it, just not sure how to lead something of that nature, anyone interested if @Kathy Armstrong isn't able?

My agent has pulled about a dozen comps in the area and a good number of them were in the $50K range.

But pulls in about $100/mo in quarters w/ small marginal cost ($10-20).