@Garrett JessYou can try but typically a lease option would require a decent down payment and I would find it hard for the seller to offer 0% interest.

I want to offer a 10% return backed by the property.

@Zackary Martin , would have been nice to offer the tenant the place you are currently living , you move to theirs, rehab it while you living in , and get out after a year and raised the rent.

First, You have to offer something close enough to where you may end up, or the other person will figure you are too far away from it, and not bother to negotiate...waste of time. 

Generally speaking, you need to offer enough down to cover commissions, closing costs, and give the seller any net cash they may need/want. 

We are also looking to meet and chat with anyone that has any advice to offer about getting started in the Nebraska market.

We are also looking to meet and chat with anyone that has any advice to offer about getting started in the Nebraska market.

-Do lenders give wiggle room on lending requirements if I were able to offer a down payment of 30-50%?

🙄🙄🙄If you are going to offer to work for free tell the person specifically what your skills are and what kinds of things you could do for them that would be benefical to them.

Just food for thought.I figured you were looking at PenFed but thought I would ask in case you found a different lender to offer HELOCs on non owner occupy, especially at 80% LTV.