The extension will be at the discretion of the lender and based on many things in the future.It sounds like you are new to commercial so perhaps go speak to a small community local bank and see what their program is for retail commercial property.

However we are also all about disclosure and don't have any hidden fees , upfront fees, or back end charges.There was a local mentorship program in our area, where experienced investors worked with students.

Does anyone have any programs that work for them?

For those of you that own in Section 8 type communities- has anyone been successful in converting tenants to this subsidy program?

Look forward to chatting with many of you.

To get this loan, you will have to SIGN statements saying you're going to live there.Further, there are very few loan programs that even let you buy a primary residence with 5% down.

Seeing as the gov't has a wonderful whistle blower program, maybe that will be the new "guru" get rich quick scheme.

3) What are some good programs (besides MLS) for locating properties, analysis, creating reports, and tracking neighborhoods?

No guru crap, no programs to buy at the back of the room.

They definitely try to get you on upfront fees (not saying they don't deliver on the back-end, I have no idea)...That 13.99% rate is reserved for members of their elite program, which costs more money upfront.