As the situation rolled over into the Twenty Teens, the government adopted a "Home Affordable Refinance Program  (HARP)" to encourage lenders to refinance existing homeowners with problems.

Specialized investment programs can help an investor with more favorable terms and rates. 

Some repairs might be needed in order to qualify for programs like FHA.

Hey Paul,It can definitely be tricky below 100k and even with condos where you might run into minimum square footage amounts as well as if it is warrantable, or non-warrantable (not to mention dealing with the Condo Association)That being said, I do know of a program that could help, just shot you a DM, happy to help if I can.Good luck!

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

That being said, the AZREIA (Arizona Real Estate Investors Association) has a major part of their program dedicated to everything wholesaling - from getting started to scaling.  

I'd like to set up another company on QBO to keep track of the rental property as well, but honestly, I have a hard time justifying $75/mo for a program that won't be used extensively for a rental property with straight forward cash flows.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.