I've flipped multiple SFHs, but this would be my first commercial deal.I've talked to several lenders, but they all have one or more issues, such as needing 25% down when I can only do 20%, proximity of property is too far from a major city (I'm in WV and no city in the entire state has more than 50,000 residents), I don't have any commercial experience or track record, etc.Therefore, I'm now contemplating asking the seller to consider leasing me control of the property for 2 years with an option to purchase within that time frame.This would provide me with the following benefits:allow me to negotiate the upcoming lease renewal of a major tenant,give me time to come up with a larger down payment,give me time to establish experience managing commercial property,give my new LLC time to establish a track record and income,give me time to find a lender willing to work with me.I will also need to pay the current listing broker their fee, and I would need to pay a deposit and monthly lease payment to the current owner.My questions are:Does anyone have experience with such an arrangement?

I had every intention to form an LLC eventually when my portfolio got larger (and my potential liability gets larger), but now i'm leaning towards having my own business account segregated from my personal accounts right away. 

I can refer you to a commercial LOC if you want a larger line than your bank offers.

We often greatly discount that price for larger areas or if we know in advance plywood will be needed. 

We’ve had this property for over ten years and plan to take the equity (via 1031 exchange) and invest into a larger project(s).

I'm offered an investment offering outsized returns (20% preferred return over 90 days), and wondering what I can do or ask to determine whether it's a poor choice of investment.

I'm like the kid in a candy store... so many choices.

Depending on what your focus is (SFR, multifamily or larger apartment buildings), there are a decent number of options with monthly rents exceeding 2% of price in many cases.

We've had this property for over ten years and plan to take the equity (via 1031 exchange) and invest into a larger project(s).

Currently, the owner lives in the larger one and rents out the three smaller ones.