Investor pays $2K program fee and 25% of the note acquisition price (they finance the remaining 75% via a participation agreement - at 12%).

There are auctions, city grants, and financing programs designed to help people revitalize neighborhoods.

Account Closed Hi Rhonda, If honest I spent about $8,000, some say its a lot, (my parents did) some say its small when compared to many programs out there, either way I took a leap of faith and saw the potential it had for my future.  

It is extremely hard to find programs for 0 experience simply on the 1-4 unit side of ground up construction. 

I use to rent to Section 8 in Philly but the program started to be too much of a headache. 

I know the 2 str units would represent a nuance to most banks but I've seen a few programs that are okay with it even on 5 + MF.  

@Les Jean-Pierre Had Section 8 tenants and got a bunch of energy upgrades through a state program.

I'm considering partnering with a non-profit that would manage the sober-living program; with me just providing the house passively for rent on a per bed basis. 

They batch the deposits together and you have to go deep into the program to determine which tenant made the payment, that was deposited into your account.

Hey Matt,I am aware of a program that can do that, just shot you a DM