I personally do not have the funds to put a down payment worth 25%, but i do have family that may be able to help me if i can actually find a deal and can explain it to them if it makes sense (my mother mostly likely and my grandmother!)

I negotiated the price down to 176k and put down my EMD, thinking I just made a deal for myself lol.

Investing 100% of your liquid assets as a down payment and having no reserves to carry you through the rough patches.6.

I don't know NC landlord laws but we have great landlord friendly laws here in Austin and prices have come down significantly off the peak.

If they got a nice cushion of savings say like 10-20k, I would probably accept them as tenants assuming all the other ducks are in a row and if they are willing to put first, last and security down (if legal in your county/state).

@Scott McLaughlinPaperstac is a great site to connect buyers and sellers but remember the expectation boils down to you and the seller and understanding the process.It’s like the eBay of note investing.

Waiting 30 days, plus hiring an attorney and going through the whole eviction process will only make you lose valuable time and money.Keep the communication open and the dialogue flowing with her so that you know exactly what is going on and you are not caught by surprise down the road.

Really boils down to the property value. 

Do some research and gather costs before marching down the road too far).

@Cynthia GomezWe work with a few that will lend on new construction without a new build experienceDepends on down payment as well as potentially cross collateralizing it