Where do u look for LTR options and deals ?

Asking is $200K, my relative (buyer) looking to put 20% down.He is pre-approved for the amount, lender has prepared both a conventional loan and a mass housing loan option for first time buyers.Would be purchasing as an owner occupied "primary residence", rates are decent under both options.Condo is currently rented, tenant lease expires the end of August - roughly 4 months.Lender says both loan programs require buyer to occupy the unit within 60 days, to qualify for first time buyer deals.Is there a way to get them to extend this to 120 days (4 months) until the tenant lease is up?

With today's interest rate, this may be a viable option, compared to buying physical RE.

Credit unions and low downpayment options preferred.

I see you are in Orlando, so I imagine your options are Spectrum and maybe FiosI usually go with 300 or 400 mbps depending on options and price (changes all the time). 

Having never done one of these, can I get some feedback on how we structured the option and pose some questions:-Option price would be $263k (listed at 260)-3-year option. 

As someone dreaming of passive income, I’m looking for guidance on creative financing options for my first property.

I don't understand why there is such a wide variance between these two cabins right now - same formula.Also, I asked @Collin H. if there was any correlation he could find between the cabins his company manages that are doing somewhere between 15% drop to 50% drop and he said he could find no correlation.If I were to build another any time soon, it would be with a huge down payment, so it would not be so heavily leveraged for my risk tolerance right now.  

lots of options depending on your goals. i focus primarily in knoxville with long term holds and a few flips. my long term holds are focused in 37921 and 37912 zip codes and focus on long term tenants and student rentals. oak ridge has a great upside for long term renting as well as mid term with the lab and all the contract labor that goes in and out of there. happy to pass out some references if needed. 

Explore your financing options, such as traditional mortgages, hard money loans, or private lenders.