I met up with an investor from here back in the day and he told me to put animal cages in my rentals.

They will go up to 100% loan to value or LTV (or used to). 

Us: We want to buy the property, fix up the (3) apartments not occupied by her parents to generate rental income.QuestionsMy thoughts are to work out a deal where we purchase the property from her parents without taking a loan from bank.

Unless something has changed but I hope they can speed up the production of them.

Underestimate the costs and come up short needing the funds?

@Myles Berrio welcome to the forums and thanks for sharing your story.

“Texas is the birthplace of the chip that changed the world—and where the future of America’s semiconductor industry is already building.

Their entire business plan is wait a few days to come out, charge  deductible, go back to the office to order a part or two that will come in a day or two.

Would it be a good idea to take a deposit to secure the deal until the rule clears?

So he bought up several owner financed properties that offered 0% down, and he cash flowed.