Lots of holes I see with this program @Arthur Banks.  

In addition I signed an "Office Exclusive Certification" to Multiple Listing Service of Long Island directing that the property not be published in the Multiple Listing Service This document specifies the exclusive listing runs from 4/26/2016 to expiration date which was left blank. 

Now that you have exhausted your Low Down Payment Options (Portfolio-Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Be alert, if you time it right you might be able to get down payment assistance/grants (I got $5,000 from a local program and used it to buy my interest rate down to 3.125% which is way below typical market rates for a Duplex).

@Trent Vogelgesang call a mortgage broker who offers more than vanilla programs and can originate Freddie Mac loans.

He developed a program just for that need, and that was the first time he heard a member of the public ask for it.  

@Maria Adames,Welcome to BP.while the section8 program is federal, the local jurisdictions have some slightly different (or very different) implementations.

Now i'm trying to negotiate with Ditech to pay them less for the redemption certificate that they bought at sheriff's sale.Has anybody tried doing it before?

Have them fill out a W-9 form, always pay with a check, and if total payments paid to them during the year are $600* or more, then filing a 1099 is appropriate.Also, you should get them to add you as an additional insured (or at least a certificate holder) and have their agent send a copy of their insurance to you directly.  

I've actually purchased the program.  

Hello everybody,My name is Juan Hernandez and i have read a bunch of books for years and spent considerable amount of money in programs and memberships but just a couple of years ago barely decided to actually start taking action.