You are trying to say you will use the " investors" to fund community programs, that sounds like a charity because there is no earning on the investment.  

The bank they are using with that offer is now saying my site prep bid came in way too high and not approving me (so far. still in process).

Digging deeper it is a legit program, that actually provides other tools and support similar to Rent to Retirement.

This criteria is for 1-4 and 5-8 unit programs.

Also, you can possibly take equity out of your current properties instead of taking out a construction/hard money loans.Purchase and Rehab Financing:If you are doing simple purchase and rehab (not ground up), then it's not that hard to qualify and you just need to right broker/program.

The LP got it from a friend who is in some kind of real estate mentoring program.

The program stipulates that you MUST stay in the home 5 years or you lose a pro rated portion of that 8k.

I tried FB ads, and got some inquiries but no bookings.It would be nice to have an AI program that would respond to people looking for a certain sized property in your location for certain dates.

Upon my research of the FHA loan and the house hacking strategy, I know one of the perquisites for getting approved and not committing fraud is to live in the residence for at least a year.

Once the application is approved, we use Buildium to create a lease and email it to the tenant for electronic signing.