@Matt Tallent ran across this thread looking for options on a property I’m under contract for in Philly and found that Philadelphia has a program the water and sewage line protection program.

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.

AVOIDING lawsuits is the BASIS of any asset protection “program”.  

Use the government low income housing program to line up individuals to build there.  

When you know which programs are readily available and which lenders can execute, you can often secure capital fast while preserving more of your profit.Where investors get burned is assuming hard money is the only path.

Since I don’t sell mentorship’s, advice, coaching, counseling, etc (nothing wrong with selling those services, I learned a good majority of what I utilized for success by my being  mentored by Jimmy Napier), I don’t have a “horse in the race” as to whether 100, 10, or 0 people are able to use this information.However, I do believe at least a FEW will have an “aha” moment, and perhaps rather than spend $40,000 with the kind of program that’s slick, optimized for the promoters profit, and put together by marketing companies in Vegas or Provo, will marshall their funds and obtain the education, experience, and knowledge that can lead to sustainable success.  

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.

Just make sure you have leads because his program is focused on acquisitions primarily.

As someone who has used a VA loan in the past, it worked very well for us.NYS also has many first-time homebuyer programs that you may want to look into as well. 

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.