I looked at a home that I found fairly nice but after some discussion with the homeowners I'm not sure there's a deal here.  I'm seeing @Brian Gibbons post about lease options but I feel like I may run in to some prob...

Here's how it looks:99% of investors strategy (if house hacking muti-units)Purchase #1- 3.5% FHAPurchase #2- 15% ConventionalTotal % down 18.5%The savvy well informed investor's strategyPurchase #1- 5% ConventionalPurchase #2- 3.5 FHATotal % down 8.5%I'm sure you were not given this advice because 99% of LO's are not investor friendly and they simply do not know this option exists. 

@Vincent Lo About another 9 hours. 

Ask you LO what is their requirement. 

In that case you still have to pay off debts if that will be recommended by your LO.

Latisha Douglas I would recommend reaching out to a local LO to discuss whatever recommendation/strategy that you can map out.

I offer with a letter of intent and offer 3 scenarios - cash, SF at a higher price, LO at an even higher price. 

As far as the Lease/Option solution is concerned, I could address all of the issues here, but it isn't needed...because the whole L/O option stops before it gets started. 

If you need the name of a good Movement LO, let me know.  

Which in my opinion, if the law was really put into place to protect consumers, LO's & RTO's are a lot worse financial option for consumers looking to purchase homes.The dumbest thing to me is its fine to charge them RENT for the rest of their lives, they'll never own anything, have very little rights, and you can raise the rent every time the lease is up... but if you want to help them actually BUY a home, they have to be protected.