The 90%/100% programs are out there for new investors, I know of 1 maybe 2 that will provide those terms to a new investor given:Credit is 750+Appraisal numbers came in fantasticThe zip code the house is in is a favorable one for an exitI've closed or oversaw the close of 100s of bridge loans, be happy to answer any questions you may have about it.If your ARV is 550k, that means you want your max project cost to be about 398k (72.5% of ARV), if you buy for 359k that leaves hardly any room at all for rehab costs. 

One of the tenants are part of the program ran by the section 8 program in Passaic County. 

It has been a great first experience, it nearly paid our mortgage by itself while my wife and I went through masters programs and had our first child.

The reason is that for most programs anyway the 60% loan to value will give you the best rate and best cost available and of course you should still be able to have a healthy cash flow at that loan loan to value.

Additionally, there may be grant money or other funding programs available to you.Finally, if you get involved with a local real estate group you can likely find other investors that might want to participate in the deal with you.

If you are in WI, I'm based out of Waukesha and can share the carriers who are the best in SE WI.FYI - Each state & metro area will have different insurance carriers who have the most competitive programs..

Heloc any existing properties with sufficient equity, use a 10% loan program out of state for a vacation home, it beats 20-235% for an investment.

And behind the umbrella policy can be a complex web of corporations, LLCs, and trusts to protect you.Asset protection can get very complicated.

Is there a program or software that allows you to easily observe all the properties in your portfolio, as well as their details? 

I've considering whether it makes sense to look at potentially converting it to a single family and enrolling the property in the college's off-campus housing program.