As you were advised above, we do not typically lend to even A Credit borrowers 100% financing. 

Rather, they prohibit the transfer of specific things, such as "services" or "extension of credit". 

Your only option is to offer tenant some money to leave, or reduce your purchase price by the amount you are losing (or ideally ask for a credit at closing).

Basically, if your credit is good, go Conventional.  

. $20 and very comprehensive credit report and eviction, too.There are more expensive options but I'm fine with that one

We pick it up from there and immediately deposit the rents into our business checking account at a credit union three blocks away.

Then record home-equity lines of credit against them payable to an entity the client was privately.

@Callum SinclairThis is a month-old post, so I'm probably late.The simplest and most effective setup is usually to keep the whole business under your name or an LLC that is 100% owned by you, and set up your family members as lenders, as opposed to partners.If funding the deal makes it impossible, due say to your credit, then you can reverse: have your dad own the property under his name or his LLC, and set yourself up as a contractor for him.Bottom line: it is case by case.

However, some credit unions and community banks in certain areas of the country are willing to go up to 85% or even 90% LTV.My recommendation is to look up community banks and credit unions in your area then go to the rates page.

I would suggest a detailed application form that includes the required permission for credit checking as well.