@Nicholas Olson- thanks  1)  fyi - there are conventional loan programs that allow you to put 5% down on a 4 unit if you plan to live in it - consider this as you can avoid the  fha upfront mtg ins premium and also  avoid the permanent FHA monthly mtg ins   2) avoid  renting the unit you state you will be residing in as this sounds like a problem waiting to occur 

Nothing is better than your own spreadsheets, but the truth is that spreadsheets and tools and programs are the biggest cause of analysis paralysis in the business.

Good morning BP community,This is my first-time having using the section 8 program in having a tenant.

This criteria is for 1-4 and 5-8 unit programs.

In reality this has turned out to be more than full time, I have not closed one deal and I have been in the program 6 months.

The tenants love her, she stays on top of maintenance, has implemented upgrades to improve the property and drive rent increases (much to my dismay, LOL), organizes fun themed events with catered food for tenants, manages evictions and oversees the building's Section 8 program.

More states are changing their laws to accommodate assistance programs.

I've met many people though who go thru these programs and never buy a thing. 

You need to match your self and your scenario with a lender who offer unlimited products and programs with prime rates.

How long from the time of application and until getting the funds.Me and my delinquent tenant filled out the paper work May 9th right before closing of the program and it still says ready for review.I am in eviction court as we speak and just got done with the 28day ERP BS and to be honest if I had to do it all over again I would have filed earlier and used a lawyer.