If you are like 99% of all the other investors in the US who wish they had their money in real estate and not stocks and bonds during the past few years, or you heard about a friend of your brother-in-law who is making a bunch on foreclosed property, remember there is no magic in finding these properties. It just takes work. Here’s where Uncle Sam keeps the bargains.
(14.142) Property Improvement Loan Insurance for Improving All Existing Structures and Buildings of New Nonresidential Structures
(14.188) Housing Finance Agencies Risk Sharing
(14.126) Mortgage Insurance – Cooperative Projects
5000000 For Investors To Develop Housing For Seniors Moderate Income Families And People With Disabilities
(14.135) Mortgage Insurance – Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate
Called ‘Property Improvement Loan Insurance for Improving All existing Structures and Building of New Nonresidential Structures Program and referred to as Program #14.142 in the Catalog of Federal Domestic Assistance, this program provides financing of improvements to homes and other existing structures and the building of new nonresidential structures. Contact your local office of the U.S. Department of Housing and Urban Development