@Tony PellettieriYou can still guarantee the loan.I would rather have a guarantee from someone with 500 credit and 3 assets owned than someone with 800 credit and no assets.

Thankfully, I have some family down there that does interior design that is open to helping me design the place too which will help me save some money.Any tips for a first time host and in this area?

Furthermore, thank you very much for the rest of the tips, I do not know how to evaluate the "Paying ability", could you expand a little more. 

- Will this loan require credit pulls and banks or can this be done with a simple contract and an estate attorney? 

Even if uncomfortable, it's necessary to protect your interests and is fair to ask for copies of credit reports, conduct judgment searches and ask for references. 

If it's a unique property or your credit score is low, you may be capped at 75% LTV.

DSCR loans are the wave :) 30-year fixed, not on credit, and yes, lend to an LLC.

Unlike in the US, property owner information isn't readily available here, making the process a bit trickier.That's why I'm here today, seeking your valuable insights and tips on how to efficiently skip trace for real estate leads in Canada.

Check out the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com

I have nothing against me, no criminal record, good credit, job, income, savings, single male, no kids... could the HOA decline my highest offer the property to whoever they choose?