If I actually have to pay cash, I will take title, and then he would buy it from me with a mortgage, and preserve his eligibility for mortgages limited to first time homebuyers.The other issue being if I actually have to pay cash, where to get it?  

I am about 65 and thinking of retiring  in about a year.  I have in the last year bought one house and one duplex (60K and 30K) ($850 rent and $350x2 rent) ( I presently like my property manager.).  I have about a mil...

My portfolio lender does not have seasoning requirements and would lend as much as 80% or $89k however I chose not finance more than $69k to preserve cash flow and left $6k of my own money in the deal.

In the end though, it's about cash flow and capital preservation.  

However, there's a saying we often used in the advisory business - it takes concentration to create wealth, and diversification to preserve it (which again goes back to goals - if you just want a decent retirement, investing in the S&P 500 at an early age is fine.

That preserves your cash flow and allows you to buy at a $10k discount, plus give the seller $10k down (assuming he accepts)

I have the capital and funds for the down payment, but I am looking for other ways to fund the downpayment (hard money, private lending, etc.) as I am in the buy and hold game.Didn't know if anybody has done anything like this before just to preserve funds..hurts cash flow, but preserve some funds.  

I tried to make it feel more current, but also preserve some of the 50's character of this house.

The lot is located in a thriving residential area and I would would love to build something in keeping with the existing homes to preserve or enhance the community without changing its vibe.

Can’t argue against those either.I am 65 and in solid secure financial position - so my risk reward ratio leans more towards capital preservation - with solid line drive base hits - rather than swinging for the fences with a Class C value add.