This is a GREAT program as it allows you to finance the rehab through an escrow hold back based on a bid from a contractor that you and FHA approve to complete the rehab for your property. 

@Anthony Freeman Here are some of the LLC ownership requirements for DSCR programs that I utilize frequently:o Program A: 1.00+ DSCR minimum, 80% LTV for purchase, 75% LTV for cash-out refi, 8.25-9.25% rates, good credit flexibility - any member with at least 20% ownership can be primary guarantoro Program B: 1.10+ DSCR minimum, 80% LTV for purchase, 75% LTV for cash-out refi, 7.25-9.00% rates, strong credit helps - member with majority ownership can be primary guarantor, 50/50 split in ownership takes lower credit score of multiple borrowerso Program C: 1.00+ DSCR minimum, 80% LTV for purchase, 75% LTV for cash-out refi, 7.5-9.00% rates, strong credit helps - any member with 25% or greater ownership must guaranty, lowest credit score of multiple borrowers used for rate pricingAs you can see, there are many different ways that a program may consider ownership structures.

Maintain the master for your own use, Tenants can program a code that's easy for them to remember, then you wipe it when they move out.

There's many of them that can do it no problem - "first time home buyer program"As far as getting qualified and approved - going to depend on your credit, W2, downpayment and lender.

RentRedi apparently has maintenance program tied up with Latchel (https://latchel.com/) that offers maintenance support program as well.

Jason is right, I bought my primary residence with a down payment assistance program a few years ago.

Yes please, I would like to know more about this program as well.

hello bp I am a newbie to rei as well and I was looking into that program as well but after the two 4 hour phone calls of me asking all my questions it came down to forking over 6k and a 50/50 split on my next $500, 000 of profit on my future rei deals that they who coach me on.

I was considering his mentorship program as well would you mind sharing what price they told you?

I’ve now been a part of the Featured Agent Program as an agent in both Nashville, TN and just outside of Los Angeles, CA, and can attribute over $15 million in sales volume from the leads in just over 18 months.