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Updated about 9 years ago on . Most recent reply

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31
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1
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Lakila Richardson
  • Investor
  • Atlanta, GA
1
Votes |
31
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How Can I Win a Bid on Fourplex with FHA Financing?

Lakila Richardson
  • Investor
  • Atlanta, GA
Posted

Hi BPers...I'm an investor in South Florida and looking to utilize an FHA loan to purchase a fourplex. There are a lot cash buyers in this market and obviously cash is king, so please provide any advice on competing for bids when my financing will be through FHA. As I understand it, many sellers don't want to deal with FHA due to the lengthier processing time.

Has anyone been successful with navigating this?

Most Popular Reply

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3,930
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3,342
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Max T.
  • Investor
  • Philadelphia, PA
3,342
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3,930
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Max T.
  • Investor
  • Philadelphia, PA
Replied

and the highest offer

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