Rent credits can easily lend to equitable interest in the property and you really just need to keep your LO Tenants as strictly Tenants, until they execute their option to purchase.A 1-year lease is pretty standard on traditional leases.

Also, how much response have you had from L/O buyers that are ready, willing and able to earn a repair credit?

Anyone know a good one, preferably something current and with sample or usable contracts?

Anyone know a good one, preferably something current and with sample or usable contracts?(yes this post is in two places, different ppl follow different forums and I want answers, dammit ;)

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Now that is the question but more importantly, if the buyer was saying that they were putting down 20%; the real question is what moronic lender/LO provided a preapproval without checking if the buyer has the wherewithal to actually put down the 20%?

Careful carrying financing for owner-occ's these days @Angela DeBorja.Glad you are creatively thinking outside the box.Lock down a creative purchase/ LO first.  

That how I find pretty houses for LO in hot areas.

There are ALWAYS people willing to do 'terms' (i.e. even in a 'seller's market') you just can't expect them to be 'advertising' in most instances, and the publicly available LO houses are often GONE within a week or less (with numerous applicants, if the property is desirable) so your BEST angle is to find someone who does LO deals FIRST... and then have them find you a 'motivated seller' within the area(s) you prefer to reside.

If your loan originator is willing to do it, you in turn must do your part by never revealing to a soul what interest rate you got and who gave it to you in the same sentence, or it'll hurt your LO's reputation.