Really depending on what the property NEEDS, it could be more.DC has a great First Time Home Buyer Program that allows you to put as little as 3.5% down (FHA) and even offer a down payment assistance loan.

It felt like an application essay to get into an MBA program. 

I told a realtor about the situation, and he briefly talked to me about a program called NACA that, according to him, offers low interest, no money down, and generous financing to people with subpar credit.

It could be part of a larger program to reduce expenses and pass along costs.

I've been investing since late 2013 and mentored under a graduate of that same program.

Apply for new jobs, expand your skills in your current field, get a second job, Teach USA program or the military (pays back student loans) are a few ideas for improving your bottom line in the near future.  

Hi all, I was able to find a great loan program through a bank that offers 3%, no PMI, no origination fees, no points.

The important thing is to make sure the program you choose can grow with you. 

Do you know if the current tenant is in the SEC 8 program? 

He has some great loan programs for investors and I also send all my retail buyers through him.