Other reasons are that FHA usually allows a higher debt-to-income ratio than Conventional, allows a lower credit score, and can have some more flexible underwriting guidelines.It's always best to find an experienced loan officer with a strong product arsenal to help you fit into the best product, and educate you so that YOU can make the right decision. 

I strongly believe property investing and development is what I want to do for the rest of my life.

Being new to this style of investing though we are taking it slow and working on learning the ropes.  

Styles and expectations vary quite a bit by location.

You really cant build strong equity on them.

Rent is already coming in strong at $750/month with tenants who want to stick around. 

I'm dealing with a situation right now where I shot first, asked questions later, and am now having to replace a Septic tank...If you are looking for properties in FAY to flip, I strongly recommend you reach out to Wayne.Suggs@HomeVestors (.com) and his partner Becky.Addison@HomeVestorsThey are wholesalers who buy in FAY.

And a big thanks to @Minh Le for his mentorship and economic There tends to be a strong relationship between changes in employment and changes in real estate prices.

@Frank Matanane I don't know much about LegalZoom other than the ads I hear, so I cannot opine on their service.I would strongly recommend getting an attorney that knows your local law - if LZ has that service and is recommended by someone you trust then that can be a good source.

I have all my buildings bank financed and my equity position is quite strong after 13 years on one loan, 10 on another, 6 on another and 5 on another.