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Is there a federal program to help investors invest in rental property?

I am thinking that there should be a federal program that would help an investor who wants to purchase property for the specific purpose of renting out the property, be it single family or multi-dwelling home. Is such a program out there?

Because real estate drives much of the economy, I am thinking that in some of these stimulus package that the government would try to help investors get people into rental homes, so that they can have a place to live. I have just not seen anyone that even knows, not in city hall, not in the country clerk office.

I fear investors here in town would never answer my question. You know.

5 Answers

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  • 10 years ago
    Favorite Answer

    da ja vu

    as of last week, the fed DID state they are working on something like that but the

    problem is--finding out WITHIN the bureaucracy of government, who is doing what!

    ASK your bank, credit union and stock broker.......it is out there--but

    but, do you need it??? that is the big question. Needing to put down only 5-15% on

    run down buildings and sometimes, less, if it is a city slum building.

    ask around and have a biz plan ready.........

    do you want a house,

    multiple income prop

    commercial bldg?

    Source(s): RE broker
  • Ryan M
    Lv 7
    10 years ago

    There is no such federal program or grant. The absolute closest that you will find is getting guaranteed rental income by becoming a Section 8 landlord.

  • 10 years ago

    WHY???

    The Republicans think the govt does too much, is too involved in our lives, already.

    Why does the govt owe you help in investing in multi-unit housing?

    There are plenty of renters out there--all those who got foreclosed out of their homes, or who walked away. Don't see why this would be so helpful to the economy or anyone but you???

    Source(s): real estate investor
  • 5 years ago

    you may examine with quite a few authentic sources brokers on your section. besides the undeniable fact that, i does not carry out lots desire as there are rankings of persons who could prefer to try this. it particularly is notably complicated to get into this way of partnership with out funds of your guy or woman. I even have been interior the authentic sources organisation for 32+ years and not had a man or woman purchase an investment sources and then question me to discover somebody to do each of the artwork. you ought to get a job as a sources supervisor using fact the flaws you point out are standards for this way of job, plus residing on the grounds.

  • 10 years ago

    You haven't seen anyone who knows b/c such programs don't exist.

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