Wealth is the scorecard, but somehow gifts have to be accounted for. 

The rent is high for just a 2 bed though, I don't think you will get 1300 for that.

I'll see if they have a program for this deal and I'll follow up with you. 

There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.  

I have preaproval for a 250K loan now.

A revocable living trust is another option for privacy and asset protection.Avoid gifting the property before death, as this would pass the original purchase price as the cost basis, creating a large capital gains tax liability upon sale.If the property is Subject A’s homestead, ensure the correct titling to maintain Florida’s homestead protection for Subject B.This post does not create a CPA-Client relationship.

Maybe another one is tenants may tend to stay longer as long as they are eligible for the program.Not 100% sure, but I don't think they always pay that FMR number. 

Hello @Evan Thomas Andriola - I only have one property that does not have separately metered water for each unit (a Triplex with 2BR units).

On the exit strategy for seller financing, say the deal was Property Value: $450K, DP: $80K, Loan $370K.

Hi All, It seems like there is great feedback for Anderson Business Advisors (https://andersonadvisors.com/) on this forum.