Allow Residents To Use Their Security Deposits To Pay RentsNot a great idea and kinda last resort.1) Security deposits are for damage so you need some sort of stipulation by both and2) What's left if they trash the place for repairs?

While the “owner builder” allowance is available in most states for a property they Actually occupy, these allowances usually have a stipulation that the property can not be sold or rented for at least a year.  

A local credit union offers a rebate covering 2% of a down payment which would allow me to get in for 1% with the stipulation that the "property be your primary residence with the intention of staying in the property for three years or more".My question is, given this type of requirement what options would I (legally) have here and what qualifies as a primary residence? 

What stipulations did you apply?

I got them to slam the brakes on that deal and was able to sell that home for $121,000 more than that dirtbag wholesaler was offering.I'd be remiss if I didn't stipulate that there are some incompetent Realtors out there - just like any other profession. 

I expect to be current in January as per the current stipulations. 

I expect to be current in January as per the current stipulations.

SBA will still finance MF properties, however, they are stipulating that the owner has to live in 51% of the property which didn't make sense to me or my banker.

Then they offered a 5k closing stipulation that if the tenant were still occupying the illegal unit by closing that they would allow me to keep 5k from the price to go towards eviction costs (when the moratorium is up).

My current employer won't offer me access to their 401k until January 2021 and I'm not sure if they offer loans, and if so, if there is a stipulation on what its used for.