For me it’s simple….when I buy an NPN, my objective is to help the borrower get back on their feet with a payment they can afford.

It's obvious you only see them as objects of contempt, parasites on the a** of humanity.

Depends on your financial situation / goals / short -medium -long term objectives.

@Grant Stucki It all comes down to your objective.

I’m happy to hear you faced your fears and you both didn’t allow that to hold you hostage and staying complacent with just getting married and getting a house !

I would highly recommend that during your option period or contract negotiations that you ask to see a copy of the restrictions so that you can determine if this falls into your objectives and tolerance.

You would be better served by developing your investment criteria, budget, goals, objectives and plan.

When you do down payment requirements are only 3.5-5% allowing you to purchase quicker and often as you repeat the cycle. 21k should be ample depending on your avg price point and your objectives.

I'm typically the bank (Although not always) hiring asset managers to keep mom and pop investors from blowing up my phone wanting side deals before they hit the market, because I get tired of having to explain to them that my job is to expose my bank owned property to the highest possible buyer pool, so that I can get the highest possible return, which is in direct contrast to your objective, which is the get the best price possible on a property without having to compete.

Not sure if that changes anything but what I think I’ll tell him is that I’m not down to share in any profit unless he’s going to put up any money himself, and if he objects I’ll just tell him to find another buyer.