I feel those programs are going to be targeted for cut backs in the years to come.

CUT my teeth on.

They've already cut way back on providing housing themselves, so they need the private sector to do it.

Other wise just subscribe to the local legal paper and read through it and cut out the NOD's the old fashion way.

As such, these properties are languishing on the market but the banks don't seem in a hurry to cut prices.

Similar in most jurisdictions in Canada (of which I am aware) ... if you live in the house, then you may be cut some slack about renting rooms.  

I will like to cut and paste some underwriters’ verbiage BUT I’m prohibited from doing so.

I am a trust deed investor and I want to share the investments with other investors and charge them a cut as a finders fee?

In regards to the down payment I found a grant that I might be able to qualify for which is for down payment assistance and closing cost thus cutting my saving time by half.The dilemma I’m facing is that recently I been talking to a national real estate investor and I’ve been following him for about a year in conference calls mainly, his name is Mark Pantak he’s been trying to come to develop a group in NYC for a while but it seem to be difficult for him to find a committed person.

With your 2 properties one vacancy cuts your income in half--a big hit.