I’ll double-check with the lender to make sure there aren’t any unexpected conditions tied to it.

Is there a clause in the contract that ties you to him after the 7 days?

It’s flexible and can help you fund deals quickly.Lease Options: Similar to “rent-to-own,” you control a property with minimal upfront costs and can potentially get a cut of the appreciation if you decide to buy it later.Lines of Credit: If you already own a property with equity, a HELOC or business line of credit can give you accessible funds for down payments or renovation costs.House Hacking: This might sound basic, but if you haven’t tried it, it can be a fast track to building up rental income and experience without a ton of cash down.

If you believe the fed will keep cutting you may want to analyze if a variable rate would be viable for your situation.   

Instead of cutting your market in half, I recommend finding ways to allow pets while reducing risk and increasing income.I allow fish tanks up to 20 gallons (275 pounds). 

Never heard of that but ultimately its their money and their rules so how do you argue.I did try pushing them to seller finance but they wanted 100k down and I just don't want the property that bad to where I have to tie up my cash for the down payment plus the rehab to add the additional units and fix the place up. 

In real estate, a huge part of the value we can create as flippers is tied up in the location, but it is also tied up in the improvements we put on that land.  

Basically the concern is they tie up the property, collect enough rents to make a little bit, and then just default.

Usually the increased buying power and shared expenses can help make the numbers tie out, especially when you consider getting creative with occupancy (maybe yall split time at the house and spend time elsewhere through out the year).Im seeing more and more interest from folks who are looking to do this sort of thing in tandem.

Cutting corners to save time might seem like a good idea, but it can lead to expensive repairs later on.