(Afterwards he went hiking close by me in the mountains) He was thorough and knowledgeable and explained to me that while half of my system was used up if I fixed what was going on with it using a regular septic company it should last another 20-25 years because it would begin functioning properly and the full side would recover partially and be somewhat usable to work in tandem with the other “good” side again.

Are there specific programs that cater to this type of property/investment strategy?

The time and energy and money and resources you use to buy a BRRRR primary home you can find 2 properties to buy.I would suggest exploring...at least EXPLORE it first...buying a primary home with a normal loan, ask about "first time home buyer" programs, and if you do find a good property then BRRRR that one separately.  

@Rachan Malhotra I think you attached the Florida only list, lol...what is the relationship between fast growth a doing well as a housing provider...aka "real estate investor"Every city in America is facing an affordable housing crisis right now despite the market flooded with federal dollars and more programs than you can count...quite frankly, you can do well almost anywhere.

There are programs that will lend around 70-75% of the purchase price + any documented repairs but it can be a bit of a gamble if the purchase price + documented repairs will come back at the ARV. 

I'm curious to hear how others are doing with Emergency Rental Assistance Program.

Hey @Allen McGlashingIt's a shame to see the BP BRRRR calc still does not have this function.

Originally posted by @Matthew Crivelli:@Melyssa Peronto These lenders don't exist unfortunately.your right they really don't exist but I have personally made a career of it doing 10 to 20 of these per month.. for me i love it I have no competition.. when other lenders say minimum loan size 75 to 100k  My program is max loan 75 to 100k  LOL.. its a totally undeserved niche.

While FHA is an option to get started a number of lenders in the area (Trustco, BSNB, GFNB) offer low down payment programs that may be superior.

I am currently under contract for a 4 bedroom 3 bath home in Columbia Heights that I plan to live in for a year with roommates and then look for HCVP voucher holders to rent the entire home in the 2nd year. When runni...