How did you finance this deal?

I find trying to force affordable housing on the private sector just keeps deals from happening so even though these are feel good intentions by the jurisdiction and they get brownie points for them..

I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for al...

We buy defaulted loans and deal with this all the time.

This isnt the environment to go full risk-on in your first deal.

For a while I looked into medium size deals like 30-50 units in class B neighborhoods, but ultimately could not negotiate a deal to the point where it would have made financial sense.

Only a couple deals under the belt, but would love to connect.

Also, when evaluating a value-add deal, what are the key factors you prioritize most? 

I've spent a good deal of an hour clicking around in circles on the DHA webpage and setting up a profile with their bob.ai platform but cannot seem to get real answers or the ability to speak to someone about the details.Anyone have experience with voucher program as a land lord?

The institutional firms that do this type of lending (we deal with them every day) have to "securitize" the loans...meaning have their hedge fund/Wall Street backer bless the deal.