There is really no special financing for “first time home buyers” except for a few rare local assistance programs.

This neighborhood typically has government assistance w/ rent.  

@Ian SimonIt has been very successful for the people I have assisted with the adwords and PPC advertising.

It was amazing to look through the abstract and to see how the people who owned it before it went into foreclosure had borrowed in excess of $75,000 on it.  

I'm having a helluva time trying to get a few of the lenders that I have spoken to tell me how much exactly I can look to borrow for a conventional loan on a new residential multifamily purchase.  

If its a well system, there is no chlorine it will last a bit longer , if its city water  you are on borrowed time 

I have a question about the timing of the modification:Example: my borrower has 10k in arrears, and an interest rate of 12%Let's say I call him up and we agree on him paying 5k in arrears, I forgive the other 5k and I lower his rate to 10%. 

But finding people who get housing assistance seems like it can really pay well and consistently. 

one thing I wish to do regardless of help or assistance is to start an LLC in hopes that other people, experianced or not, will be willing to become a part of it in order to build themselves and their goals and dreams with it. i have finally cleared up some financial issues and have money to work my first property, but am kinda clueless and hope for some local mentoring. 

@Daniel Klucas, I may know someone that can assist you with entity formation and tax strategies.