When I go to my credit union for a commercial loan there is no junk fees, no origination fee or maybe a half point origination and a better rate.

Originally posted by @Ray Hernandez:@Will Barnard Thank you for your honest advice!

Originally posted by "Toby_Munk":I have to admit you have some ball.

I'm from NH originally, but only made it as far up as ogunquit, so excuse the ingnorance.

Toledo's Lucas County Metropolitan Housing Authority...LMHA which administers the Section 8 program seems to have had a difficult 2016 and 2017 doesn't seem much better.I've been renting to Section 8 for seven years now, I still have my original tenant in fact, and normally I find great satisfaction in renting to good tenants and working with the bureaucracy that comes with a government program...I had 10 properties rented section 8 at one point and have slowly prioritized standard rentals over the program and now am seeing blatant issues with their operations causing me to move away from considering their tenants.Delays in the program: We used to have 5 business day's delay for new-tenant vouchers to be reviewed and processed for inspection but have been going weeks before we hear anything.

(I’d prefer you found a way to put down 20% and save the PMI as well as lower mortgage origination costs and on going interest costs.

This is going off the original topic - I could post as a separate topic.That is super helpful for those looking out of state.

Fannie does have a guideline that allows a property to be deeded over to an entity so long as the original borrower is also in the entity, but you have to wait 6 months of seasoning and maintain continuity of ownership.  

Originally posted by @Mark Malevskis:Thanks guys! 

In this case the original owner, the wholesaler and myself all knew what was going on, so there was no deception involved.