PML and the other lending sources typically have different programs they offer that are less strict on underwriting but that additional risk comes at a cost of usually lower LTV, higher rate, higher points, and shorter duration (think 9-18 month loans instead of 30 year loans).  

If the seller mentioned that the HUD loans have no interest or monthly payments, this might be accurate for certain specialized HUD programs or subsidies.

@Chuk ObiaziReal estate investing can be aided by joining local REIAs, attending networking events, and participating in mentorship programs.

I contacted one of my local agents here and she told me to refer to her coaching program assistant.

Also, I have e-mails going back months with Section 8 stating that I want to go "all-in" and build an entire portfolio around the program.

@Brian j Cook i have found a broker who is offering  thus program.. message me if you like. 

Hello Kelly, You might be surprised, but you can actually get an Bed and Breakfast loan with the SBA 7a Program.

I am looking forward to enrol in their program.

You have to careful in screening making sure you are trying to rent to the right person if you are waiting for a perfect tenant you may stay empty for a long time so you have to know what is the best tenant in that area for that apartment, it might section 8, or some other program recipient. # 2 the people in these neighborhoods Are generally low income, so they will fight about damages cause they don’t have the money to fix it, # even if you screen you still can end up with a bad tenants boyfriend or girlfriend who is crazy or sells drugs And say they don’t live there but is always there.

This question is asked a lot and there's a ton of value by just reading those previous conversations.In short, there are pros and cons to the program.