Not that I have a lot of experience in RE but if I could give advice to first time home buyers it would be to take advantage of the Nehemiah down payment assistance program.

When you find a neighborhood that fits your workable parameters, then start marketing, maybe buy a list of absentee owners as an example and send a mailer.

After several calls, I have found that the "smaller bank experience" was much more personable in answering my questions regarding loan programs, etc.

Within 3 days we had 4 clients from the same neighborhood and 2 from another all together.We then ran a telesales test program and 6 out of every 10 people we contacted about the service was very interested and ultimately our average close rate was a bit over 30%.

How are you guys doing selling your programs these days?

The 50k is the upfront depreciation benefit for the go zone and the 73k is the amount you can get from the SRAP program if you qualify.

But I guess the same could be said about some other programs as well.

He had been a real estate investor for over 40 years and spent the last decade of his life doing missions work, building churches and church schools all over the US and in Africa through the program known as RV Maps.

Found a loan program where they will loan me up to 75% ARV on a property for 90 days then another closing where they will do a 30 year conventional for up to 80%.

Find out the story, and make an offer to fit the situation.