Does anyone know a lender willing to lend on 40k with a day out of foreclousre up to 50%LTV with a low 500 credit score?

Here is your tip:Buy low and sell high, also don't eat the yellow snow.

Section 8 is best used as a risk mitigation tool for properties in super low income, high crime areas.

That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

In my state i have no such requirement on security deposits but i question the feasibility of doing this as well as how will anyone know as long as you have the means to pay the tenant their deposit when they move out. most banks charge for low balance accounts.  

During the 2008 financial crash, low paid, low skilled workers were laid off in droves.

Got into the home with a low down payment , made repairs, rented and refinanced to pay off line and eliminate the PMI.

Brandon Turner wrote a book for BP called Investing with Low or No Money Down - start with that.

Yes, people see the low price tag on these self-service options (there are a few more being marketed here, not going to put them on blast) and ignore CPA guidance to go with in person option and it is now coming back to haunt them.

A HELOC on your duplex or home offers flexible, low-interest financing ideal for BRRRR, with potential tax-deductible interest if used for property expenses.