You are a banker. 5-10 guys come in to say that between them they can pay 20% of a house plus closing costs.

Actually, we do an event where we have representatives from government, the Mortgage Bankers Association, NAR, and the Appraisal Institute, all didn't expect to see much progress until after the elections.

Try running the numbers with that in mind, or consult a local reputable lender (note: I would not go with a big bank, go with a smaller local mortgage broker/banker/direct lender.)Hopefully that cures what ails ye'!

But I was determined to be successful and I knew that I need to invest my money instead of blowing it like most 18 year olds would do.It was those same friends who now have no career, do not own a home and are just working at a fast food place at the age of 26.Vs.Me making smart decision with financing, under standing the value in RE, starting to invest in RE at 18, getting my RE license at 20, being named one of the top 30 agents under the age of 30 in the world for Coldwell Banker, and working my butt off to paid off my house, flip about 5 houses a year and have 2 buy and holds properties.*** I think I remember saying once to them, you laugh now but this is just the beginning... they especially laughed when I told them I bought a junky trailer.I wish I would have known about BP back then, I would have love to see where I would be now if I could hear from @Brandon Turner, @David Greene, @Scott Trench & the lovely and frugally miss @Mindy Jensen at the age of 18 when I started all this.

There may be services to which they might subscribe, I wouldn't know - I'm not  banker (though most of the business I want to do business with seems to think I am: they only keep bankers' hours). 

I had a tenant deposit cash into my checking account monthly and one stupid HELOC banker wouldn't accept that as proof of rental income.

And that is because they don't know...Everytime I talk to a banker who been thru divorce themselves, they are all like yes, yes, yes, oh, yes.....

The details of FHA very, but here are some broad answers (as of June 2018) as they were quoted to me for MN prpoerties:Interest Rate: 4.2%3.5% is the minimum down paymentDTI is roughly 30% so you can buy a property that's 3x larger than your gross income.2 years employment history and tax recordsSeasoning, not sure, likely 1 yearUnder FHA rules, you must owner occupy for a minimum of 1 year as your primary residenceYes, you can attain additional (only conventional) loans while occupying the propertyNo Private or HMLThe best person to answer FHA questions is a mortgage lender/banker

He was a banker for over 20 years and knows the note business inside and out.

Many banks will have OREO's even posted on their websites ... you can check there first then call a banker and ask who handle s the OREO then talk to that person and get the list.