Question about sec. 8 Turn key 100% financing or JV

[Mark McGale]

I currently have a Partner that is located in Detroit with access to turn key section 8 properties. 

I know Detroit is kind of another animal when it comes to investing, 

I am looking for a private lender with 90%-100% financing or a possible Joint Venture. With my Partner.

Advice, is welcomed. 

Thank you.

[Joel Gabelman]

I am not an expert in Sec 8, but having a background in lending, 90-100% is highly unlikely.  That said, I wouldn't be surprised if there were funds available from the city (tax credits, non-repayment funds, etc...) to help grow/improve the city.  I would google keywords like: "Detroit Improvement money from city".  You get the idea.  If you can only get 75%-80% lending, you might find forgivable 20%+ difference from the city.

Best of luck!