Any advice for FHA First Time Buyer competing against investors?My husband and I are looking for a home in our neighborhood (we have rented there for nearly 9 years), but our modest price range is pretty much exactly what investors with cash can pay as well ($100-150K). We've been close to getting a few homes, only to have the FHA appraisal come up short and we lose the home.We'd really love to stay in our neighborhood since we feel like a part of the community, patronize local businesses, want to have kids here, etc. How can we compete with investors with cash who can pay above the appraisal value? Are we just out of luck? Is it worth waiting to get lucky on something? April 26 2012 - Tempe00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.