@Isaac Hanai make sure you FULLY understand the negatives of S8 programs, not just the mirage of consistent government rent payments.

In this type of situation, they want low interest rate with low down payment also.

I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.

Several have mentioned utilizing low down payment second home loans for qualifying.

My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.

Unless you've done substantial improvements to the building or used a large down payment when buying, it's unlikely this will work.Perhaps your best move is to find a new primary residence that is 2-4 units and repeat the process.

Other lenders will specify a maximum LTV.Payment Options: If you allow payment deferral, note it here.

Tenants in lower Classes will have lower credit scores, which means higher chance of defaulting on their lease payments.

Rentals also build equity through tenant payments and appreciation, with profits taxed at lower long-term capital gains rates when sold.

The retaliation claim is completely absurd in a non-payment case, but it has unfortunately delayed the eviction process even further.I’ll look into connecting with local landlord associations and advocacy groups.