Each program is a little different so it just depends on your situation and income.They are quick and easy though once you get your certificate you can work with any Bank or Lender that is approved to use those DPA's.

Our strongest case is that our bank appraisal says it should be much lower.

What do you mean by "traditional 6-month financing route"?

Flipping is just using a banks money instead of a customers money for us. 

Major brands like Ritz Carlton and Waldorf Astoria are currently developing property there, where they have traditionally developed in Miami, Fort Laud, and Palm Beach. 

@Paige Corsello...You could call your bank contacts and find out if they are broker friendly.

If you are in an LLC and looking for better rates and longer amortization terms, I recommend networking with local and community banks. 

It would be far simpler to put the $500,000 in a bank account owned by the LLC and you immediately own a fixed percent.

The bank has to order the appraisal and the bank can't even order it directly.

Duluth has traditionally had a strong college rental market and thankfully any small decline in enrollment rates haven't been as severe as other traditional college cities, eg.