There are a lot of low down payment programs you can use when you owner occupy the property.

He just started a PhD program at UMC and won't qualify for a loan right now.

Has anyone worked with Brent Bowers or their wholesaling land course? Any experiences anyone can share?

Key details:- Existing debt: $2,038,000 at 3.8% with 7 years remaining- 92% of units already upgraded- Recently implemented RUBS program- Strong occupancy in a growth marketGiven the current debt structure and property improvements, this asset presents an attractive cash flow opportunity with potential for further optimization.

With all that being said, USDA like every other loan program out there, can exercise the mortgage acceleration clause if you are not abiding by the terms of the contract. 

Rehabbing units, new porches with a grant program in the works and eventually updating siding as well What was the outcome?

Your tenant will very likely be part of the program.

Like pert near anyone in our bizz you do have bummers each year myself I wholesale them off when i do have to take one over.. or i might sell them on my 0 interest short term owner finance program .. which creates some rock solid paper given the assets usually need a lot of attention at that point.. for the speculation I had 2 long term land plays one paid off after 22 years of owning it for a 100X multiple  yes 100X  :)  And the one i currently have that the new CHIPS act could create a huge win for myself and partners..

That said there are some workaround and alternative loan programs that can potentially work.  

My thought is to setup everything in one program and not have to switch gears as I grow.