@Sabrina Rios Almost anything that you want to do with real estate will require money up front, if you go with FHA or FHA 203k your down payment can be 3.5%-5%  the only real way to do no money down is the government programs that allow it, but they strongly favor owner occupied single unit properties. 

If they'll do it to the government, they'll do it to you.If this property is buried in their other business, then that may be legit. 

There are people that would like to regulate Landlords.The people that don't understand that the market (our residents) already force owners to self-regulate; so, the only thing more regulation adds is more cost to residents (it's a government tax on them). 

Texas cash out loans are governed very differently here than any other state. 

Jack this needs to stop and the only way to stop Morris from my point of view of government intervention. stop the ongoing and take care of those who need it.get with the other investors who have suffered the same issues and get together the squeaky wheel ..

So you owe $30k to the federal government and maybe $16k to the state of California.

If you were in the area or if you have someone that really knows the market in the area you could take that gamble and it may pay off but just as easily it could leave you selling for half of what you purchased it for in 5 years.Now my final disclosure, BEFORE YOU BUY ANYTHING in Port Huron you need to go read the new zoning rules that the local government has passed that no longer allows rentals in certain neighborhoods as well as the landlording regulations that require rental certificates and inspections.I do want to let you know that when I started investing in Port Huron in '09 I had hoped to buy bad houses in the Hospital / College area, fix them up and rent them to stabilize that community.

I feel that it is THE biggest thing keeping our over-bearing government in-check.  

As we look forward to 2023, there appears to be a discrepancy between the perceived tail risk of inflation by some investors and the expectations for inflation as reported by the Federal Reserve Bank of St.

Earlier in the year someone posted an article stating that the government is going to take over the rental market.