I'm unaware of any rules surrounding this sort of transaction since it's new to me but seems legitimate.

Sort of a live in fix and flip.Now, buying on a lease option won't work because you don't actually own it.

You can do a search at their website for all sorts of lenders.Jeff

All I am doing is socking away every penny so I can realize my dream of getting a large real estate portfolio for true wealth.For this reason - I have no interest in flipping houses and I dont need huge cash flowing properties.

We can get 25k for 4.2 at the local credit union but where do you go for larger loans?

Smaller PE firms will not like it yet larger will, especially if tied to a risk free clause.

We have some larger tenants as well in our units.They will use the stair rail more of a prop when coming down the stairs and a push off when coming up.Most people do not apply full weight like that on the stairs but use the rail as a guide only with light pressure.What we did for that tenant instead of wall anchors we used 3 inch steel forged screws and drove into the studs.

My latest property is much larger and many more windows than what I've had in the past.

To make a long story short, the listing agent has a history of being difficult to work with and both my lender and agent believe he discouraged the asset manager from any sort of rehab financing.I understand how normal financing would not work since it does need rehab.

Could consider larger units too.