Some/many will disagree but I think it's a short-term view - but trust me, if you start getting on bank's blacklists you may never get off of them.

If they really want the house, they should still want it in a year or two, and they should be able to save up the 15-20k they need to buy it with a proper normal loan.I realize a ton of people may disagree but let's get real, the biggest problem with the real estate market is people buying what they can't afford.

Some will disagree with me saying you can do it on your own but I know from experiencing it right now that if you're looking at 10K houses in Baltimore city, that every little bit of support and guidance from those who know what do to, helps.  

I have to respectfully disagree.

You'll find some who disagree with this.  

Beyond that, you'd be dealing with a "home-owner", which can be very difficult to manage (disagreeing about the renovations, access to the property, something's missing in the house and they suspect one of your guys of stealing it, the homeowner changes their mind in the middle of it and they want out, etc, etc).  

He was also having work done on the property to get it looking good.We kept disagreeing about how nice he should make the place. 

@Albert HassonWell I strongly disagree. 

@Mike D'Arrigo I disagree.

I completely disagree with my RE on this topic.