We're not a Quicken Clone, loan advisors are experts in all manner of programs, "blending technology with a handshake".Quick highlights - 1-4 unit, business statement loans, down to 660 up to 90% CLTV and more.

But, then had: - Late fee splits- Pet fee splits / collected by PM- Leasing fee of 50% for new tenant- Renewal fee- Service fee for work done on the property- Higher fees for certain tenant conditions- Receives all interest on trust accounts- Full page of admin fees including resident liability program, benefit package, pet initiation fee, credit reporting fee, tenant lease renewal fee (in addition to renewal fee charged to landlord), lease draft fee, application fee, utility concierage service fee, legal notice service fee.

How much did the program costs?

Most lenders will require a 20% down payment on an investment property, although there are some programs that will allow a 15% down payment.

And most require FULL DOC programs to mitigate any credit-risk on their part.

He bought the home with no money down, Home town Heros program and creative finance, then we developed the property by improving it with electrical upgrade additional meters and more bedrooms.

That killed (along with the recovered market) my company's program, but probably saved billions in US tax dollars since people routinely overpay for housing product.

I would say you can just put down 20% and there are even programs that are doing 5% down on multifamily.

Any type of traditional/conventional loan program will be tough in this scenario. 

They will allow your mortgage payment and any personal debt payments (credit cards, cars, etc) to reach about 45% of your monthly income.Programs vary all over the place so it's best to ask a mortgage broker which programs you qualify for.They like two years on the job, rent paid on time, no liens or judgments, pay stubs, tax returns and so on.FHA has a 3.5% down program plus closing costs.