Are there any grants or programs out there that can help me with closing cost?

I am looking in the Tempe, AZ area as they have a great down payment assistance program.

These programs allow for more flexibility with the condition of the home which is what is needed when renovating a property.  

From that 5 grand I have gotten to 25 with lots of fun and toys here n there but thats also due to my consumer brain programming that I have shaken off over the passed few years.

If this is your first buy and hold, or you have limited experience, a property management company can help solve maintenance issues, tenant selections and rent collections.And, perhaps the transaction you're asking for is not sufficient, but for suggestions more info is needed.There is no loan insurance program for privately held notes.

As someone who's put down 20k on one of those guru training programs(The usefuleness is debatable since it did propel me into action), I can tell you that there's nothing that digging up some willpower, sitting down and doing some self studies through BP, and spending $100 on real estate books and attending REIA meetings and building relationships with investors/brokers/power team members in your market can't teach you.I'd discourage starting off your RE investing career by taking the easy route and trying to get the lessons handed to you when hard work and experience is really the best mentor you can have.It's been said many time, but if you are able to find a good deal, there will be more than enough people/firms willing to fund it.

So it's more of a "low-capital" property management/guarantee program.

The downside is with certain savings programs with really good rates they also have very restrictive criteria on what they will insure to keep rates low in the pool for everyone insured.It's not that you will not find someone to write a policy for the property you to buy it is just the annual amount might be higher than expected.

Real Estate Millionaire Mastermind group has a whole class dedicated to direct mail coming up on 02/22/14 so I would register for that class and definitely attend.Not on Meetup but still have groups in that area is Mark Whitten and Marcel Umphrey.Look up Allen Chaney on Facebook and see if you can get in contact with him, he has a free/low cost coaching program with Real Estate Millionaire Mastermind

@JayHinrichs I know of the program you are talking about.