Project must reside in an eligible rural area (generally a population of 35,000 or less)  ( Check USDA Eligibility ) Tenant income cannot exceed 115% of the area median income (AMI)Monthly rent per unit may not exceed 30% of 115% of adjusted AMI and, overall average rents may not exceed 30% of 100% of adjusted AMIMinimum term/amortization 25 years, max term/amortization 40 years, or any combination thereofMaximum 90% loan-to-restricted-rent-value (97% for non-profit)Maximum 70% loan-to-cost (no loan-to-cost restriction for USDA 515 acq/rehabs) Virtually all 538 loans are done in conjunction with LIHTCMinimum 1.15 all-in debt service coverageTypical prepayment provision is 10% penalty in year one, declining 1% annuallyEquity requirement of at least 10% of total development cost (3% for non-profit)Rehab of at least $6500/unit—project must have at least 5 rental units)You might also look at Bellwether Enterprise Real Estate Capital and Churchill Stateside Group as another source of information.Good Luck!

Account Closed Hopefully someone with experience can chime in, but I didn't involve an attorney because the contract is one-sided, and I'd read that other people had lawyers that warned them it was a bad idea, or declined to represent them.  

I use Lowe's for a lot of things - I get a military discount - but the quality of cabinets in Lowe's and HD have really declined over the last decade.

@Nick Louie you could make it the sellers responsibility but they can also decline your request and your offer all together.

The CA population did not decline on 2020 census vs 2010 census.

And make sure you don't lapse a policy for missing a payment the carriers are starting to be very unforgiving on re-instating policies that cancel for non-pay and some may even decline to issue a replacement or new policy if you have a cancel for non-pay.

Curious...you previously posted that you felt rates were not going to decline, which is accurate. 

I am basically going to spend more and buying the house at the top of the market cycle a chance of price decline or price flat for many years.   

The other is saying that home prices will decline shortly and wouldn't buy anything for at least 6 months to a year with the risk of having negative equity. 

The high-crime cities I’ve investigated have declining populations.