Is he legally the new owner of the home?

It makes our lenders happy to work with us again because we are making sure that the deal is easy for them to approve. 

I have been approved for 1.2m by lender in last two months for some small mIti package that didnt work out, but If I want to go as big as possIble and I dont have the whole 675k ready like now, seems like they don’t want to send me over a $2m deal if the cash isn’t ready.

Hello BP, I bought a SFH in 2017 and during the closing period, there was some water leaking into the garage after a rain. It was brought to the sellers attention who advised he would repair the garage to stop the flo...

His deposit is 2 months rent (~$3800).So my questions are:1- Is it legal for me to make this kind of a deal with the deposit?

@Nate StitchellPretty sure legally you can't get paid to help someone else buy a home. 

In most markets that can legally have STRs and that the local government embraces, you can get up to 50% more in rental income vs traditional rentals. 

In CA most clean offers have "no loan" implying all contingencies have been removed regardless loan approval, appraisal or home condition.

If the HOA has expenses like filing liens or legal fees those should be paid as well.

Or better yet, a solid and well defined legally sound lease that has Minneapolis Metro,  Minnesota specific terms in it?