Most likely just what the program was meant for.

Hi Brittane,Most rental programs will cap at 80% LTV, but with hard money usually it can go up to 90% of purchase price.

Orchard is a bit more selective in the houses that they will accept for their program, with them usually choosing newer homes rather than older ones.5.

Bruce, there are many programs out there that will be able to write the entire portfolio. 

We have done section 8 in a couple of markets and been happy with it, but the Tampa Housing Authority has been very hard to get a ahold of and I can't seem to figure out how to even enroll my homes in the program.

Are there programs to look into either state wide (NJ) or nationally that will help with down payment assistance or a construction loan?

.• Then there's a few mentioning loan assistance programs such as FHA, NACA, etc.

Unfortunately many lenders will see this as a red flag and may not take the risk to lend you the rest of the money even if you use stated income program or bank statement program but those are for self employed borrowers who have active income from their business but write off to many expenses that when filling their taxes their net income is really low or sometimes negative.

To achieve a March 2025 multifamily property goal in Tampa, consider financing options like FHA or VA loans, local programs, and building a team.

This pilot program could be expanded to the entire city if they deem it to be successful.