I love the program, as it helps many people who can't afford housing.

And let me not forget to mention, it’s MUCH more affordable. 

I’ve heard of stories where people verified with fake IDs and stolen credit cards and went into homes and stole appliances and furniture. 

For example if you think the house is worth 200K fixed up you need to pay 100K to afford the hard money loan and rehab budget and still have a profit.

If there is a large amount of equity, one party may have to buy out the other - if they cant afford it/cant qualify, then the property is sold.I deal with this frequently with mortgages. 

Getting pre-approved you'll know how much you can afford. 

I started with $25k and I bought the cheapest distressed 2/1 SFH I could afford. 

Its affordability, ongoing revitalization initiatives, and strong rental market contribute to its appeal.

If they cannot afford to live there, they can't afford to stay there. 

It's got everything to do with people just not be able to afford it, even if they wanted to.