Ramit Sethi in his How to Get Rich Netflix series explains that renting offers flexibility and freedom from hazards of ownership (fire, flood, sewer backup, etc etc) and I see multiple posts on social media from people needing to fiind a rental ASAP.

Negotiate with the Seller: Depending on the market and the seller's flexibility, you might be able to negotiate a lower EMD or even delay the deposit until a later stage in the transaction.

Simple answer as to pros/cons:Pros: easier to get approved than conventional without your personal income/employment/taxes/assets/DTI being evaluated, i.e. lighter paperwork and more flexibility, usually faster too.

Here's an additional section you can add to this:Utilize Flexible Financing Options: Rising costs can strain cash flow, so securing flexible financing is key.

They do this to limit risk.However, some lenders may be more flexible if the deal is particularly strong, and your experience or financials are solid.

Sellers believe that by providing flexibility, they can attract buyers who might not qualify for traditional loans and, in turn, command a better price for the property.This perceived advantage can sometimes lead sellers to agree to terms that heavily favor the buyer, such as zero-interest loans or accepting second-position liens.

Lender Flexibility: Every lender has different rules, so it's important to communicate your intended use of the property upfront.

It depends on targeting the right demand.Owning offers appreciation, but arbitrage provides flexibility without long-term market exposure, which some investors prefer.

Develop properties with mixed-income units where only a portion is subject to rent control, maintaining flexibility. 4.

This deal was financed through Partner Driven’s flexible capital system, which allowed us to acquire the property quickly at $52,000.