But in this case what is the difference from the buyer prospective, other then they are getting a better loan/ equity situation then conventional financing?

Cash flow is great, but it can feel incremental compared to the boost you get from equity plays.For me, it's more situational.

There might be some hoops to get through with conventional financing with your income situation, but if that doesn't work, you could use a debt service loan.

You're definitely in a unique situation, but there are some SOPs that apply here. #1, know your guest avatar.

@Michael Lynch Hi Michael, I am in the exact same situation as you were with a grant on my home in 2nd position that covered downpayment and closing costs, 20% being forgiven every year.I'm curious about what you ended up doing or if you found a solution.

Voucher amounts are reassessed annually, and they can change on a dime depending on the tenant's situation.

Not many landlords buy their rentals this way. although with all the guru training many are trying and we will see how it all works out.it takes sales skill to talk people into deeding you their home.. this is a highly charged emotional situation..

I wanted to share a bit about my situation and get some advice from those more experienced in real estate.My wife and I live in Irvine, Orange County, as renters.

If it happens a second time, tell the tenants who are making the noise that they need to stop or they are in violation of the lease.This is solid advice and exactly what I would do in this situation.

Hi Nirek - I deal with a lot of clients in your similar situation.