I used NACA to buy my condo a couple of years back. I was pretty skeptical at first, but it all worked out in the end ( just have to be really organized, patient, and realistic). I would recommend using an agent tha...

There was a program a few years ago through the affordable housing trust that allowed for projects like this to get built but they ran out of money quickly.

There are wholesale lenders also don't all have the same DSCR loan program as they write their own loan guidelines. 

about investing would cut the guru’s potential victims by 90% - that’s probably the percentage of program purchasers that lack sufficient capital to launch a meaningful investment program.  

I actually bought (partially) the program as well.

At the state level, permitting residential property for residential use is explicitly illegal (and has been cited in multiple cases since the law was clarified in 2019) NC General Statute 160D-1207(c) partial quote: "In no event may a local government do any of the following: (i) adopt or enforce anyordinance that would require any owner or manager of rental property to obtain any permit or permission under Article 11 or Article 12 of this Chapter from the local government to lease or rent residential real property or to register rental property with the local government..""...require that an owner or manager of residential rental propertyenroll or participate in any governmental program as a condition of obtaining a certificate ofoccupancy..."

They have the best interest rates because the US government owns them and thus "guarantees" these entities.DSCR mortgages are nonconforming, thus have higher interest rates because they have to go to Wall Street for pricing - thus getting higher rates because they aren't backed by the US government.As of today, the 30-year FHLMC rate averages 6.15%, the 15-year 5.44%.NOTE: these are for mortgages on owner-occupied properties ONLY.Rental properties will be aout 0.75% higher, unless you want to pay a lot of points.Also note, that several builders have been heavily promoting a FNMA mortgage program called a "2-1 Temporary Buydown". https://selling-guide.fanniemae.com/sel/b2-1.4-04/temporary-...With this program a borrower/buyer's mortgage has an interest rate temporarily 2% lower for the first 12 months of the mortgage, then temporarily 1% lower for the next 12 months, before the rate changes to its final rate for the remaining 28 years.

Quote from @Brikkelle Thompson: My husband and I joined Jerome Maldanado's Build Wealth Mastermind program, as 12 month program that cost $20K.

I have thought about renting it to a Government backed veterans program or other assistance program as well. 

I'll DM you if you'd like to connect with her Hi Allen, obviously it's been a while since the original post but we just met with Dr Chua and were considering his program as well as other in the market.