We would be adding an additional office in the front portion and creating more office space for trainings and creative workspace with a supported work program for the community in the other portion.

I bring up new paradigm here :it's because of too much expansion of money.What I mean by that is because we have lot of money increasing floating around with downpayment as little as 5-20% can already purchase a house with 30 year fixed debt, the number of potential purchasers are increased by a lot, while supply is diminishing, the amount of liquid hard money is increasing, and liquid money is always going to hard asset like residential.if you cut 30 year fixed program and gov no longer print money, the buying power would reduce.

I think 21st Mortgage might have a program so check with them.

Thanks  Hi Jerome, you'll want someone local to you to consult on the down-payment assistance programs in your area, but I can tell you that most of them that I am familiar with require the property to be owner-occupied -- meaning not rented out.

I point out that even if the building didn't need much work in the last 20 years,  many systems (roofs, water heaters, paint, windows,  and may other things) were clearly wearing out and may not last much longer and to avoid unpredictable expenses a proactive approach was necessary to start upgrading)I then followed up with individual conversations with residents which helped me to understand their finances a bit and hopefully understand their ability to pay and what assistance program(s) they may already be getting or be eligible for.   

Most will allow a local override of the program, the better ones put a time limit on the override.

Chelsea,You have a couple of options you can use a DSCR program to close in an LLC or a Portfolio loan program.

I live in South Florida and have been working with different section 8 programs from Miami Dade County, Broward, Tampa Bay Area, Orlando, Jacksonville, etc...

I would throw in some sort of "apprenticeship program" where they have to work at a Real Estate Office.

Hi I am new to wholesaling and I have finished a program just recently and I have everything lined up to begin I have been unsure of how to exactly begin this journey.