First time buyer programs usually do not apply to rental properties.

with all the programs being cut to a bare minimum, where is that taking the real estate investor??

I have been reading books, buying real estate investing programs, and perusing real estate forums for the past year.

I'd really like to chat with someone who has experience in conducting short sales.

The only loan program that will entertain such a deal with a 500ish FICO is FHA (Fannie Mae won't touch it), but you will need at least 90 days title seasoning in order for this program to be considered.Regards,Scott Miller

Looking forward to chatting with you.

What's one of the best places where ladies hang out and chat about life?

I am sorry, I should have asked if any of you have a simple program that you use to input the numbers in to find out if the property is worth buying, ect..If you do, send me an email, or send a copy of the program attached to the email.

We use it for about 1 in every 5 marketing programs that we do...

I have found a decent book that just deals with these types of properties and covers lots of specifics: Armchair Real Estate Millionaire.From a financing standpoint, there are programs that allow up to 90% financing for this type lease tenant arrangement.