The fact that GRANT CARDONE and others are cosigning on this program IS DISTURBING to say the least.

There are programs that are 25% down for a single family rental investment property and 30% down for 2-4 units.

It's harder to program, the app is less user friendly, I find it glitchy and it drains the batteries much faster than the Kwikset.

Figure out what program you are going to use to self-manage.

@Will Ervin  We are a Texas based lender with a program that is exactly what you are asking for. 

In other words, the right mortgage products, lender or program helps to make deals work.

As to the tax implications, us lenders have been programmed since birth to retort "consult your tax advisor".

My Stats750 credit scoreI have 5,900 available to me in personal creditBecause of my low level of personal credit, my program will be 18 months instead of 12 with the first 6 months being dedicated to increasing my personal credit to 20k so I can become eligible for a business line of credit.If you have been thinking about joining Fund&Grow or are looking for creative financing please PM me.

If you are purchasing the home with financing, then you would need to wait for the seasoning requirements per each program.

There are programs out there that can use newly appraised value at month 3 or even week 1 as long as rehab has been done.