Your 23k also didn't count closing costs of roughly 3.5k or the first year of insurance 1k and prepaids to take advantage of Fannie loans.

PROPERTY TYPE:1-4 Unit Residential PropertiesNon Owner OccupiedLIEN POSITION:First mortgage only.STANDARD TERM:6 -12 monthsLOAN-TO-VALUE ADVANCE RATE:Up to 100% of the total project costs,subject to 65% of the After-Repaired-Value.DOWN PAYMENT:No Minimum – See AboveCLOSING TIME FRAME:5-7 DaysRENOVATION TERM RATE:15%PERMANENT LANDLORD RATE:5% – 9.99% Speak to rep for detailsHere is an example of a Loan that we recently completed- Contract Purchase Price On Subject Property – $71,000Renovation Budget (Cost Of Repairs) – $80,000Subject Property’s Appraised After Repairs Value – $260,000Maximum Loan Amount On Property (65% of Appraisal) – $169,000Actual Loan Amount – $165,350Calculation IllustratedPurchase Price – $71,000Renovation Costs – $80,000Closing Costs – $14,350The closing costs estimate in this example includes the costs of insurance, taxes, pre-paids and all other closing fees.

Solidify B C Contract with title transfer of prepaid PSAYou get the spread held in escrow Buyer walks Away with nice REO investment Bank is just happy they lessened their inventory  

I had an applicant called me a few days ago asking about a 1/1 unit I had for rent, I told her that it was just rented.She asked for how much, I said $1000 a month,but since I have already rented the place and signed ...

Typically when I buy a house I'll ask the seller to pay closing costs and prepaids instead of the other broker offering a commission.

Your lease should still be signed it will just all be prepaid per say.

If you did move forward, I would take a really high deposit instead of prepaid rent.

I have not dealt with a real estate yet but my child custody lawyer want a retainer fee (prepaid) with hourly rate of $250 taken from the retainer fee. 

I would agree that they "know" the law when it comes to filing a lien, but that's only because they have pre-paid legal.

I don't know how feasible (and legal) this is, but I'm exploring options and thought this up:For a deferred down payment do a leaseback prepaid to cover closing costs + down payment.