The lease (with the current college students) was just renewed through their 2025 school year.I'm trying to figure out how to make this happen with little-to-no money down, as I have other 'irons in the fire' at the moment.I'm planning to offer $400-450k for the home, and am trying to structure something where a conventional lender would loan an amount that would be covered by the current rental rate (lets just say $300-350k)...   ...then, anything outside of that amount, would be carried by the Seller (for a short while)...   ...Seller financed with a ballon in 5-years?  

Or is there something I'm missing from the complicated section 8 process. 

For some things you need to use ethics and just common sense to decide to do it or not.An example.

I know your maintenance costs and CapEx will likely be less with a new build property but you should be prepared just in case you have a hot water heater go out or something else unexpected go wrong.

After spending two decades in this field, I've seen a lot of changes, but these proposals are something else.

This will be very much a red state versus blue state ordeal.And this will definitely be something all us property owners will vet for when we invest in real estate.

Unless it's something that happened after they viewed the apt, and I feel it's something which should be addressed, tough ****.

Or, you can do something like a debt service loan that looks more at the income potential of the property - FICO will still be a factor, but not the other stuff I mentioned. 

Creative financing is about “solving” a seller’s “problem” with nontraditional methodsNothing in this thread addresses what is this seller’s problem (maybe if I reread I’ll see something).  

If you are new, focusing on this too early may leave you in analysis paralysis over something you can't use until you have lead flow.