@Joe SplitrockSo she was given a chance by current landlord to purchase property but she couldn’t get approved by lender even while having a co signer.

It will be our chance to test the waters. 

You have solid performing properties, MN market is on the continued rise and we are not touching the ceiling yet so why dump something that is a proven performer with equitable room to grow?

When we learned about the deal we knew the renovation would be light, and it would provide a chance to go through the process of flipping a house without doing a large renovation.

And if you study the facts, exclude opinion, theres a greater chance of losing properties to rent controls in the states than narco rebels in Quito, Ecuador.  

What are my chances and are their loans out there that would allow me to purchase my parent's house with very little down payment or even no down payment?

Reason being limited credit history so what are the chances of morgage loans and would it be easy to get pre approval for say around 50k ?

You should try and challenge them through the written process. 50/50 chance that the company that put the mark on your credit does not send a response.

@Gavin Sronce  Thank you for the link just getting a chance to listen to it now before the webinar tonight.

a lot of ppl are under the assumption that it is a life long program. it does get reviewed from time to time depending on age and whatnot. if she is older 55+, its a good chance that it will not stop unless she goes to prison. under that age, and depending on the actual disability, there is a chance that it could be ceased.