With those types of funds, you can certainly purchase a multi family with the FHA down payment program that allows you to put as low as 3.5% down and start to scale your portfolio from there.

Apparently the building has a program in-house but we have not hired anyone yet.

I’m looking for a similar program as 21st Mortgage CASH program.

Hotels offer advantages like consistency, flexible cancellation, breakfast, pool/workout/business services, reward programs, etc. 

You have to look at the program and your scenario but if you have good credit and are trying to buy a primary, secondary or investment home. 

Units, location, condition dictates the program that works for each deal.

FHA is more of a first time home buyer program or for someone who has had credit or other issues that may not fit conventional guide lines.It's an attractive program that offers a low down payment options but its not easy to get an FHA if you live in a superior home. 

Some non-QM loan programs will allow you to take out 70-75% of the purchase price plus documented repairs within the first 6 months of owning the property.

There are some creative programs out there if you look enough, and some that will look mainly at the income from the property vs your own personal income.

Does anyone have experience with this program and if so, is it worth the price tag?