Keith, I can help you in Pa with that program.  

It is a loan program available in New Mexico that allows the buyer to get in with little or no money.There are several people doing LO's in our market and around the country that have put a lot of time and energy in to researching how to do this legally.  

My team leader is training me to find investment opportunities for a few foreign investors who she has found many profitable deals for in the past.  

NA Beard I am not an expert but I think the FNMA programs require 20% equity from the borrower.

Any legit bank programs that are asset driven usually still look at your credit score and usually won't do $20K loans. 

I have a software program that finds me the most deeply discounted properties in a zip code, both on market and off market. 

I'd recommend brining in a mold inspector on all properties for 2 reasons:1) We are trained and know what to look for2) It can save you a lot of money in your negotiations.

Despite this, I am very confident in my analysis and numbers (I'm an engineer by training and enjoy the numbers aspect of real estate investing), so I could leverage my analysis as a means to convince lenders despite not having a track record of deals. 

Hire character, train skill. 

I've seen many try it pro se, and trust me it is Always a train wreck, and most times simply hard to watch, a total lost cause and they just don't realize it.