That works out to about 25% - 30% of the rental income for those 2 years.There likely is no loophole unless there is a law that prevents this.

you could do a lease option, or  a delayed settlement with right of possession you could give the seller a skinning contract subject n an auction, you keep the overage juicemaybe offer to buy the mortgage at a discountyou could do a management agreement with purchase optiona simple "wrap mortgage" would workpossible create an LLC for seller with one asset, buy the LLCif you take property "subject to", make sure you have the deed signed and held in escrowhave a management agreement signed, so the lender can be notified to communicate with you in all matters related to the property and mortgage  - this will help to prevent due on sale clausehave a written "meeting of the minds statement between all parties to the transactionmake full disclosuremake sure your assignment clause is in orderget a title searchvideo property before possessionmake all mortgage payment on timeif there is some equity you could put together a partnership to rise some cashcanvas all other owners on the street for more deals, record the deed and get a new mortgage (but always ask first for a pay-off discount before closinggood luck 

This is an unnecessary comment, it was an honest question from someone trying to learn the process. 

I have found that cutting it low to the ground and covering with an upside down flower pot will take care of it in a season and prevent it from growing back with a vengeance.Remove the light and oxygen and it’s gone for good. 

If not, how could this creatively be financed to prevent putting money down?

Any thought about how to prevent scammers advertising our rental and getting applications, security deposit and first month rent? 

Coincidentally, I have a bed bug addendum that I have my tenants sign and it says, among other things, that: "Residents have an important role in preventing and controlling bed bugs.

That aside, assuming the property you are selling qualifies for FHA financing, I'm not aware of any issue that would prevent your buyer from using that type of loan.

After dealing with them and the issues mentioned, we have since edited our lease to put in place more rules preventing this type of behavior.

Attorneys will advise you and do the paperwork for money, but they will not hold your hand to prevent a disaster.It is doable, but you have to work very hard to educate yourself to avoid the potholes.