The books are good for motivation (rah rah) and extremely thin on actual principles and methods to follow through on the hype.Edit...I was attempting to correct a typo above and the site is acting strangely.

Please help and correct any misunderstandings I have...Friend bought a house FHA for $127K about 6 months ago

I have read some of the topics on multi-family investing in regards to the 50% and 2% guidelines.Let me understand correctly, If I live in the property 2+ years and want to move into something bigger and go conventional, I can leave the existing FHA loan as is or would I have to change it since I wont be an OO?

It was a NIGHTMARE getting escrow and the bank to correct the mistake, even though they both admitted their mistakes.

Uncle Mo,Jon is absolutely correct.

Hey Rob, yes your loan rep is still correct. 

Brian Hoyt - I did a ton of research as well, and you're absolutely correct.

You are also correct,the more they spread the homes into the hands of smaller investors, the more it will mitigate mass movements in the market as each will have their own "plan".What is interesting in reading FHFA findings is that they are pushing for public/private money partnerships, no doubt making Uncle Sam the partial landlord in some grand socialist move.Though Carrington/OakTree just announced $415MM raised & dedicated toward the program.

Hey,First of all, I am not sure if this is posted in the correct forum.

Of course, provided she fills out the correct paperwork.