I'm starting to do such a program myself starting the end of this year.

I've been reading everything I can get get a hold of here and have purchased a couple of programs.

Can we seek repayment in full from the low income housing program?

I'm trying a new program that will be fool proof.

The way I'm trying to get around this would be to offer the full price and work with a DPA program.

My post warning about the site is not a blanket no against the program, just a warning and my opinion that making any investment with anybody or company without collateral is risky in my opinion and would not want to see anyone here take a loss without being warned.If this program could offer the investor collateral rather than all funds remaining unsecured, I would say it is a great thing.

They want you to not be savvy and not question programs offered that have little savings in closing or points to the deal.

And in other towns in the Phila suburbs, the lienable utilities will vary from that.And for all utilities, you should get in contact with the utility company to see if they have any kind of "landlord cooperation program", where you can have utility service and bills switch into the landlord's account when the tenant discontinues service.

If you find one qualified for the HomePath program, investors only need to put down 10% (until you get to more than 4 mortgages in which case it reverts back to 20%).

If you purchase an investment you may lose any first time buyer mortgage programs that you may qualify for.I would also suggest looking more for a residential rental than a college rental.