The tax credit is for primary residences and commercial.

I have a couple affordable properties and need help get HAP residents in.

most west coast states you cannot get a deficiency on a purchase money loan on a primary residence..

@Dayana Castellon the only marketing that would make sense is marketing Airbnb & VRBO are NOT covering already.Maybe market directly to insurance companies looking for rentals for their clients needing temporary housing while their fire-damaged home is being repaired.Corporate travel departments might be another option.Hospitals with resident doctor programs.The challenge will be doing this marketing efficiently enough to make it worthwhile.

If you occupy the property as your primary residence, you can  potentally do a HELOC or fixed second mortgage up to 90% CLTV.

The important points often glossed over are (1) is the buyer providing their personal guarantee to the seller for the note (2) is the seller maintaining a wrap position so they can foreclose in the event of default and gain ownership (3) is the buyer putting up additional collateral (4) how large is the down payment (5) what is the LTV (6) is this a personal residence for the seller or investment property (7) will the property cash flow and if so what will the cash flow be (8) is the property in a increasing, declining, or stabilized area (9) is the property being sold at market value, or above market value because of the low interest rate of the existing mortgage and (10) how experienced and what is the track record of the buyer, and is the buyer purchasing a property for investment or to live in or otherwise use.  

Investment Info:Single-family residence other investment.

From helping a widowed mother get a fresh start for her and her kids, to the MILLIONS of dollars in assistance we acquired for residents to stay current during covid...

The more residents you serve, the more money you make.Gino

On June 21, 2024 Freddie Mac got approval to purchase second mortgages on SFH occupied by primary residents.