FHA Loan not welcomed by Sellers
My plan is to purchase a multi-family with an FHA loan. Multi-families in my area are priced 400-600k. I was speaking with one of the listing agents and she said seller puts offers with FHA in fourth place after cash, conventional and 203k loans because its got a lot of compliance strings attached to it. So if I submit an offer with an FHA my chances are already lower than others. So what's the next best for me as the buyer? Do all conventional and 203k loans require 20% down payment? I can stretch out and put 15% down but 20% is out of my range. Any advice? Lenders?