It's totally free and transfers near instantly.

@Ed Ventura, if the property is not zoned as multi-family and has several dwellings on the property, it likely will not qualify for an FHA loan. 

Basically basement dwelling incels with their "command center" of recycled computers and monitors fixated on pornhub and what scammer they are supporting.

So, if you're looking to email your investor clients to try and raise funds, I'll have to warn you that it could very easily get your account shut down almost instantly with Mailchimp. 

From my understanding, insurance won’t cover a dead tree falling as this is a result of “neglect” but would my current dwellings insurance cover it under personal liability?

Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

It’s best to channel energy towards the future and not dwell on negative things. 

Santarelli,Does your company have any multi-family dwellings available for this program you offer, or is it all SFR?

They allow up to two dwelling units per lot but that seems to be more for like a finished basement unit.

from those I know the way they got going was to buy a 4 plex when it went up in value sell and buy an 8 when it went up sell buy a 16  then a 40 then 100 extra and you need no partners.. you grow it organically. however of course this is not pay 40k and your instantly an apartment owner..