When I was in high school we have a Business class, an automotive shop and even a building trades program where the class would divide into AM and PM groups where land would be bought and entitled then they under the supervision of an incredible teacher named Gene would build a home and sell it after completion.

While conventional loans offer lower down payments, explore various loan programs and down payment requirements with your lender to find the best fit for your investment goals.

can cashout rural to 75% no income no doc on the DSCR program .

Hi Jesse,There are programs out there that allow you to cash out within 6 months. 

Maybe loan programs will start allowing a certain amount added to loan balance to cover buyer broker fees.

@Deonte Hill- thanks ....assuming the property will be a  1 unit  investments  proeprty - there are loan programs that allows as low as  15% of price as down payment ...( so  30K  would be needed for the  down  in your  plans)  ...if you plan to  buy and  live in the property - there are many programs  that allow less than  5% of price down payment .   

Tomorrow I start my 40-hour real estate program to become a licensed realtor in the state of Massachusetts by mid-April 2024.

A 3.50% down payment off that is 8750.00 leaving a base mortgage size of 241,250  then add the regular FHA Mortgage Insurance Premium or MIP that is 1.75% of your loan amount, or 4221 ( an up front fee FHA charges to fund their programs) which is usually added to the loan so you dont pay it in cash, then total loan is 241,250 + 4221 = 245,471. 

You should check with both the National Flood Insurance program (NFIP) backed by FEMA and the Private Market Flood programs. 

Depends on the success of the program, the more successful it is the more demand goes up the more prices go up.