Updated over 2 years ago on . Most recent reply
Are FHA Loans an option with this market?
Ideally, I would like to purchase a $150k home/condo with an FHA loan. Live in it for a year while renting out my current primary residence. I expect to be in a position to apply for a FHA loan within 60 days. Are FHA loans even an option with the market the way it is? Meaning, do sellers go through the process of making a property FHA approved when most people seem to be paying cash for properties these days?