Quote from @Catherine Ding: My PM company is offering to do it for a high fee of $100/month so I'm trying to find alternative options.

I also know I can look at ways of borrowing against that equity (HELOC for example) but I also just feel like if I take debt on that property the cashflow goes down, and then if the association also takes the loan it goes down more, and at that point I don't know why it would be a better option than selling before August. 

Also, I've always wondered why arbitragers don't negotiate an option to buy upfront?

I do agree with @Jules Aton though, the best option may be to wait and save up for your down payment.

The truth is that if you find the right deal, you can make pretty much any market work but if you are looking for consistent deal success that narrows your options down.Some investors look for simple signs like the "Chick-Fil-A" test.

As a loan officer at Aslan, I'm excited to connect and offer insights into financing options for real estate investors.

Have been exploring other options as well.

Another option is to estimate value based on potential income and market cap rates, which can give you an investor’s perspective.

Deal with it.Correct me where I'm wrong but Novations can be executed by either a Power of Attorney being given to the investor or by an investor just doing the paperwork, both being done after they secure their interest with an option contract (unless there's some other creative thing I haven't heard about yet).

Hello, Starting to research about STR options/opportunities in Mexico (as a Canadian living in Canada).