Once you know exactly what they want it becomes much easier to assist clients.

Besides seller assists/concessions which the max's are 3% in PA and 6% in NJ, what are other qays to recover acquisition costs.I love to get great deals and maxing out seller assists, but i'm trying to acquire more and more properties.

I'm interested in finding a private lender that can assist me with the purchase of some residential properties and a couple apartment buildings in the Atlanta area.

Perhaps you are referring to the listing Realtor and not someone who you hired to help you find a home.The problem from a conventional financing standpoint is that you have multiple residences on one legal description which makes this a multi-family property beyond the "normal" 1-4 unit residences acceptable to conventional lenders. 2)What is typically done to avoid making a down-payment and/or paying closing costs.If you are asking specific to this property, there probably is no 100% financing option available so you may have to pass on this one.Generally speaking there are many programs for little or no down-payment and you should be talking to a mortgage lender about what you can afford and qualify for prior to looking at homes.As for closing costs, you may qualify for city or county down-payment assistance programs (which are more typically used for closing costs instead of down-payment).

I am just curious about this area and am very new to investing. Are there programs available through the state or Federal Gov't that can be a starting point for someone who does not have a substantial amount of income...

I think when you crunch numbers you are going to find the cash flow goals you seek to be very difficult to come by in your first 5 years.

Case in point, a couple of years ago I was a newbie seeking investment properties in Houston, TX when I came across a prospect I could not pass up.

Hello to everyone, Im recently in the process of buying my first investment property( a duplex) and I am currently seeking financing.

I would be happy to assist.

I don't know if i'm going about this all in the correct manner - that's why I'm seeking your advice!