For example, with certain vacation home programs, a secondary home can be purchased with as little as 5% down, which significantly lowers the barrier to entry for investors who want to offset personal use with income production.

The reason I say this is when it comes to buying my primary home, I can buy with 5% down, 3.5% down, maybe 3% down and even LOWER with Downpayment Assistance Programs that would be available to me.

Is anyone familiar with Pace Morby Gator Lending program that costs $3k?

Homes are sold about 30 days before construction is completed.

Buyers receive an instant $30,000 discount at the time of sale.

Because of this built-in equity, the end buyer reportedly has no out-of-pocket d...

This criteria is for 1-4 and 5-8 unit programs.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

If you join Pace's gator program, you can match your investor with Pace and he will partner with them and split the deal 50/50 with the investor, and give you (the gator) 50% of what he makes (for the first 10 deals...after that you get less depending on the deal). 

Even if you’re not ready to buy yet, it’s incredibly helpful to know what you qualify for and what loan programs fit your situation.

Your biggest advantage right now is the ability to use FHA / owner occupied financing programs while your living expenses are low.

They also have a free directory and publicity program for organic exposure.Has anyone in the Triad (or similar markets) tried REB for leads?