Finally, Someone Who Will Tell You the Truth About Your RD 515 Property.
We work with RD 515 owners to figure out their best path forward — and that doesn't always mean selling. Sometimes it's hold, restructure, or transfer. We have deep experience in this program and the industry connections to know what's realistic. We'll shoot you straight.
We Know What You're Dealing With
We've worked with RD 515 owners across the country and have deep experience in the program — the compliance cycles, the USDA field office dynamics, the capital constraints, and the limited exit options most owners don't know exist. We're not going to sugarcoat where things stand.
No Clear Exit
Prepayment restrictions, transfer requirements, USDA approvals — most owners have no idea where to even start. The program was not designed with a clean exit in mind, and nobody is volunteering that information.
Capped Returns
The limited-profit structure made sense when you were building tax credits. That math is long gone. Now you're collecting restricted rents while your costs keep climbing — and there's no mechanism in the program to change that.
Compliance Exhaustion
Tenant income certifications, annual audits, physical inspections, management reviews. We've worked through all of it with owners across the country. It's a significant burden — and it has nothing to do with whether you're actually providing good housing.
Deferred Maintenance
These buildings are 30–50 years old. Roofs, mechanicals, unit interiors — the capital needs are real and growing. The program income doesn't cover it. That gap doesn't close on its own.
No Commission. Just a Straight Read on Your Situation.
Brokers get paid to close deals. We get engaged to give you an honest picture — which sometimes means telling an owner to hold, to restructure, or to wait. We have deep experience in the RD 515 program and direct connections across the industry. We're not going to recommend an outcome that doesn't work for you just to force a transaction.
Deep Program Knowledge
We know the Section 515 program inside out — prepayment rules, transfer requirements, RA implications, loan vintage considerations, and the field office dynamics that determine what's actually possible for your property.
Industry Connections
We have relationships with qualified buyers, nonprofit preservation groups, state housing authorities, and USDA field staff across the country. When it's time to move, we know who to call.
No Commission Motive
We're not earning a commission on your transaction. That means we can tell you honestly when a deal doesn't make sense — and we have no reason to push you toward one that isn't right.
No Hype. Just a Straight Conversation.
We start by understanding your property and your goals. Then we give you an honest read on your options — sale, transfer, prepayment, restructuring, or hold. Whatever is actually right for your situation. We've told owners to hold. We'll tell you the same if that's the answer.
The Honest Conversation
We learn about your property, your goals, and your timeline. Everything stays confidential. We ask the questions someone who knows this program deeply would ask — not a broker sizing up a commission.
Straight Assessment
We lay out your realistic options — sale, transfer, prepayment, restructuring, or hold — and what each one actually involves. We'll tell you which ones make sense for your specific property and which ones don't.
We Help You Execute
Once you decide on a direction, we help you move. We have the industry connections — buyers, preservation groups, housing authorities, USDA contacts — to make things happen. And if the answer is to wait, we'll tell you what to watch for.
I talked to brokers for two years and got nothing but optimism. These guys told me the truth in the first call — and then actually got it done.
What Owners Ask Us
Not Ready to Talk Yet? Start Here.
We've written plain-English guides on the questions RD 515 owners ask most. No marketing — just the information you need to understand your situation.
What Happens When Your Loan Matures?
Most owners don't realize maturity ends Rental Assistance and all USDA tenant protections — with no ability to offer Section 542 vouchers.
Can You Prepay a Section 515 Mortgage?
The answer depends on when your loan was made. Pre-1989 loans have options. Post-1989 loans generally cannot be prepaid early.
How to Sell a Section 515 Property
Selling an RD 515 property involves USDA transfer approval, loan assumption, and a buyer who meets specific program requirements.
We Should Be Upfront With You
We are active acquirers of RD 515 properties. That's worth saying plainly, because you deserve to know who you're talking to before you pick up the phone.
We're interested in buying properties that are a fit. But we also know that not every property is a fit for us, and not every owner wants to sell. So we start with a conversation, not an offer.
What we can promise is this: we won't tell you your property is worth more than it is, we won't manufacture urgency to push you into a decision, and we won't recommend a path that doesn't make sense for your situation. If we're not the right solution, we'll tell you that too — and point you toward someone who might be.
We've built a reputation in this niche by being straight with people. That's the only way this works long-term.
What We Are
- Active buyers of RD 515 properties
- Deep experience in the Section 515 program
- Connected across the industry — buyers, nonprofits, housing authorities, USDA
- Willing to tell you to hold if that's the right call
What We're Not
- Brokers earning a listing commission
- Investors who will overpromise to win a deal
- The right fit for every property or every owner
Get an Independent Assessment
Fill this out and we'll get back to you within one business day. We'll ask a few questions, give you an honest read on your options, and let you decide what to do from there. We'd rather give you the right answer than the easy one.
Thank you. We'll be in touch.
Expect to hear from us within one business day. In the meantime, your information is being kept strictly confidential.