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Updated about 9 years ago on . Most recent reply

Eric Hornung's profile image
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Eric Hornung
  • from Cincinnati OH / New York, NY
  • Member since Jun 22, 2015
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Eric Hornung's profile image
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Eric Hornung
  • from Cincinnati OH / New York, NY
  • Member since Jun 22, 2015
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Eric Hornung
  • Cincinnati OH / New York, NY
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General Real Estate Investing

FHA Loan

Eric Hornung
  • Cincinnati OH / New York, NY
Posted

Hello, I'm a new investor in Cleveland, OH. I have a simple question that - after searching the site and internet - I can't find a clear answer to. That question: In order for a property to qualify for an FHA loan, does the property have to be purchased off the MLS or can it be purchased directly (off-market)?

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Federico Gutierrez
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  • from Cleveland, OH
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Federico Gutierrez
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Federico Gutierrez
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  • Cleveland, OH
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
Replied

It doesn't need to be on the MLS

The seller has to agree to accepting an offer from an FHA buyer. They can choose not to either be Conventional or CASH. FHA is a pain at times

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