@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.

Low taxes, low crime, low homelessness, friendly people, all 4 seasons, etc!

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

And the laws and regulations here are very different, not very strict like the states.Prices are high and rents are low over here.

Department of Housing and Urban Development (HUD) and Bankrate, the big perks of an FHA home loan are:Lower Down Payments: They typically require a smaller down payment than conventional loans, sometimes as low as 3.5% of the home’s purchase price.Lower Credit Score Requirements: They’re designed to help buyers with credit scores that might not qualify for conventional financing.

. - low vacancy.  

Overcrowding can strain plumbing, electrical systems, and air conditioning, leading to expensive maintenance issues.

We have an extremely competitive market, huge demand and low inventory.

The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.