This would help you potentially qualify for an FHA loan when you execute the purchase option.Option 2: 5% payment for the option with the option payment spread out over 12 months from the 2nd month until the 13thmonth.

I'm trying to decide if I'm going to continue in St Louis or move on to spread my portfolio across multiple cities. 

Consider Tiffin.Des Moines offers even more options because of its size and spread.

The deal had a very healthy spread and I buffered my budgetary numbers by a significant margin as there are always skeletons in the closet, with the intent of having a GC get there ASAP. 

They just want the spread of the deal, not to help someone by explaining why wholesaling can be a win-win for them because you are their conduit to the next step.

Option 1 allows you to spread your investment across three properties, considerably increasing your rental revenue and accelerating portfolio growth; however, maintaining several mortgages can be difficult, potentially limiting your cash flow, especially if one property is vacant.

In that case, you can then articulate the benefits of seller financing to them where they do not take the income all in one year and lessen the tax budesonide by spreading it for a few years.

With the amount of regulation that's been introduced (and will continue to be introduced), there's now significant barriers to operate in this space and suspect those barriers will continue to spread across the country.  

Just make sure that the local zoning laws and HOA (if applicable) allow for this arrangement.Down Payment Terms: Spreading the $20k down payment over 6 months can ease the upfront financial burden, but ensure you have a clear agreement with the seller on this timeline and any penalties for delayed payments.Best of luck moving forward,KC 

That cash could spread out over 3-4 new rental properties with a 15% down model and homes around $200K.