I’ve owned a portfolio of houses for 21 yrs.

Let me first provide a little context on where we are at with the deal and the overall condition of the property.My intention: Primary residence- 2 yrs, then rentalLocation: Denver, CO (Very high growth neighborhood, this deal was almost all dumb luck...)Condition: House is B Class, recently remodeled, 3br, 2ba, huge yard, carport, shed, new roof, everything about this house is above and beyond what I consider move in ready.Asking price:  $399,000Days on Market: 27My Offer: $375,00 (Accepted)Contingencies: Inspection, Appraisal and Seller allowed to live in the property for 9 months after closing while new build is being completed.The seller is in a position where they need capital to finance and complete the build that has already broken ground on their new home. 

You must have some sales skills to convince the seller to give you an interest free loan for 3-5 yrs. 

I 100% rehab my homes, new HVAC etc, then rent for at least year before a allow the tenant to buy via a CFD with amortizing term 10-14 yrs, short as possible.

The original idea was I didn’t expect a bank to lend her the 40k for repairs so I assumed she’d be using a hard money lender and I was just assuming at 10 yrs for the loan will full intention of having the property appraised after repairs, remortgaged through a conventional for 30 years at like 3-5% and paying off the hard money loan.

I have tried a few of the local credit unions and smaller institutions to no avail (15 and 20 yrs are most common).

I drove by a home that looked like as though it was abandoned.  So I looked further into it and found out that it was foreclosed on 1-2 years ago. I'm not sure why it hasn't been sold/ auctioned off but I am trying to...

Current student loan is at $102K at 7.9% Im looking to take out only the amount owed at 4.09% (5/1 30-year ARM) because we plan to sell in 2 yrs anyhow.

Our commercial lender typically offers a max amortization of 25 yrs.

.* Option term should be no more than 5 yrs max.