Its not  bad program but compare with regular internet rate and see if its make sense to take higher rate. 

So what is the downside of this program?

David McLaughlin Your best bet may be a bank statement program.

For some reason, probably due to negotiations in the bankruptcy proceedings, the mortgagee sent my tenant an offer for trial payments on a loan mod being done under the Home Affordable Modification Program. 

A few years ago Palo Alto tried to get their underground power program moving forward.

My assumption is the investor wants you to financially invest in their real estate program.  

They also have a mentoring program. 

If you wish to stick to the low down payment traditional financing programs, it'll require owner occupancy. 

I've been in Chicago for the past few years doing programming and digital publishing.

I can do the math in my head about as fast, if not faster than writing the Excel program.