All Forum Posts by: Jamey Newman

I'm a new investor and I'm interested in moving to and purchasing a property in the central Florida area through the HUD program. I'm not familiar with HUD at all, and was wondering if anyone had some advice on where to look or even who to contact to make an offer on a property?

Thanks for that guys, really appreciate that, Nick Britton I will contact him for sure!

I'm a new investor and I'm actually looking to relocate to the central Florida area soon, but I'm hearing a lot of negative things about super high insurances (flood insurance and sinkholes). I know that Florida insurance is naturally higher but are the I insurances enough to avoid Florida all together? How bad are the insurances going to cut into my cash flow?

Awesome, thanks for the help Jesse

Is there a limit of how much cash you can have in the bank to qualify for a FHA mortgage? Example: what if I have a lot of cash from savings but my income is very low right now. Is that lump sum of savings going to prohibit me from qualifying for an FHA mortgage?