For that reason, financing is harder upfront but becomes easier after the property becomes stable.After you reach 200+ beds, you get into a range where institutional lenders, Housing and Urban Development programs, and other sources can be come available sources for financing.

There’s so many programs.

I bought the program for the $1997 in 2024.

Second, resubmit the ownership change packet, but send it directly to the caseworker and copy a program supervisor or manager.

I am in the same boat in Detroit tenants have not paid in 6 months, Trumps CDC eviction moratorium is still in play. my lawyer said it's just a waiting game at this point. the court here is seeing cases at a very slow rate. my tenants have reached out  to Michigan's Eviction Diversion Program but the program has not responded to me about anything. keep your head up !!

I recently had a Title agent mention the upcoming FinCen Residential Real Estate (RRE) requirements starting March 1, 2026 and asked if I was a "lender with a regulated AML program."   

Sure, rate, fees, structure, and overall costs are very important, but who cares if it doesn't close because the pro you are working with doesn't understand the programs and process.

@Matt Neil if you are considering coaching, I would encourage you to look into 3 or 4 different people or programs before deciding on paying anyone for coaching.

One of the best moves you can make early on is to align yourself with a brokerage that has a strong mentorship and training program.

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?