There are lots of programs available.  

Outside of the Section 8 program, expect those numbers to be slightly lower.

You are shooting yourself in the foot and also make it hard for the lender to get you approved.Although we do have some bank statement programs for our self employed clients, it makes it significantly easier to just utilize depreciation yearly.

Really depending on what the property NEEDS, it could be more.DC has a great First Time Home Buyer Program that allows you to put as little as 3.5% down (FHA) and even offer a down payment assistance loan.

It felt like an application essay to get into an MBA program. 

I told a realtor about the situation, and he briefly talked to me about a program called NACA that, according to him, offers low interest, no money down, and generous financing to people with subpar credit.

It could be part of a larger program to reduce expenses and pass along costs.

Apply for new jobs, expand your skills in your current field, get a second job, Teach USA program or the military (pays back student loans) are a few ideas for improving your bottom line in the near future.  

Hi all, I was able to find a great loan program through a bank that offers 3%, no PMI, no origination fees, no points.

The important thing is to make sure the program you choose can grow with you.