I think you're saying you'd like to make a deal with the buyer to purchase the property, however, because they don't have title, it's not the buyer's property to sell.In that instance, what you could do is offer a four-year lease during which time you make payments that would cover their payments to the owner, and an option to purchase.

You just have to make sure all of your numbers are good before you purchase.

Purchase price: $632,000 Cash invested: $33,000 Sale price: $825,000 Duplex purchased to split and resale What made you interested in investing in this type of deal?

In my opinion, some associations have way too much control and tend to take advantage of the out of state investors (not all of course).Is your preference to purchase another STR if a 1031 is the play?

Purchase price: $1,250,000 Cash invested: $210,000 Sale price: $1,740,000 Purchased this 4 unit townhome style 4 plex in Arvada.

Depending on credit history and how the property would perform from a rental income standpoint you may have access to up to 85% financing on an investment property 1-4 unit purchase. 

There are lenders that will allow up to 85% financing on an investment property and 90% on a second home purchase assuming applicant meets program requirements. 

There are a lot of programs available to help with renovation costs being built into the loan on a primary residence purchase.  

Why do you think purchase contracts are so long and have such small print?

In circumstance, VA will approve the purchase of a second property.