A good lender should be able to tell you what to expect for an FHA loan and its requirements.One tip I have is to go to local credit unions or local small banks in your area and ask if they have any special low down payment programs for first time homeowners.

I have heard of programs where you don't have to pay MI but the high interest payment doesn't make it worth it.  

It's actually better to invest out of state in my opinion so you're forced to outsource and delegate your real estate functions to others which will allow you to scale quicker.  

Flow rate is a function of pressure drop.

Investment Info:

Single-family residence note investment investment in Redmond.

Purchase price: $350,000

Cash invested: $87,500

Purchased the house from neighbor to use as short-term rental. We also ...

Though I have seen times where that not the case.Both FHA and Conforming have loan programs that can also lend you the money  for repairs.

FHA has first-time buyer programs set up for people just like you that require pretty minimal down payments. 

The program now has way to may flaws and is charging me 90 a month plus 58c a card.

My account status says approved and under my tenants name it has two payments that are pending. Now, it has been stuck on pending over a week. Does anyone know what I need to do or contact information for someone that...

You msy consider calling your locslhousinh authority, the ones who handle the Section 8 program Even though you may not want to use the program, it could open your eyes.I  have done this and been suprised at how much they pay....or how little.PS.