Somce we didnt have time to switch lenders as our contract is up the 28th, we had no choice but to stay with the lender.

I am only planning to buy a couple SFR properties  cash from my SDIRA to rebalance my retirement portfolio and the Deltona property seem to be a good choice...

Originally posted by @Ryan Billingsley:@Shawn McCartyI would recommend researching the smaller banks in your area.  

Hey BP, When assigning your contact to your end buyer it is mandatory to put and/or assigns or can I have a clause like: example- "Buyer has the right to close in the entity of their choice."

Get a lawyer when you need a lawyer, but right now you do not need a lawyer.You have two choices (others of course):1.

I submitted my original offer on and AIR  form and received pushback from the listing broker.They didn't have an issue with us representing our sleeves but did request we resubmit the offer on the commercial CAR form.After multiple email exchanges I picked up the phone and essentially told them the buyer, and entity I control, had made an offer on the form of their choice and it was within the scope of their fiduciary duty to present that offer to the seller, in this case a local bank.I was told they could only work on CAR forms because it was a mandate from their principal broker, and "require by their E&O insurance carrier".I simply informed them that their broker did not have the option to mandate the type of offer a buyer could make, and E&O insurance doesn't cover contract type rather it covers professional conduct.Reluctantly they submitted to the bank.

Ryan Dossey  this is the exact reason these homes go through this cycle. you have  a new investor buying in a very challenging area.. the success rate for more than 36 months is no more than 50/50 ... if you want to see what your urban core rental will look like in 3 to 5 years.. well your looking at it when you buy it and it needs major reno... in my mind this is the province for very experienced landlords that have hundreds of these..

I echo what @Ryan Johnston said.

That's all for now :)Thanks in advanced,Ryan

Now when that happens, you have a choice violate Federal law or don't do the deal.If you accept a "down payment", you're now offering "financing" as defined by federal law.