@Jason Taliaferro Just to add more in this conversation HUD $100 down program can be combined with 203k.

Combine both suggestions. 

My situation was a little unique, but I made it work.I recently combined both lots into 1 through city hall to make selling this house hassle free one day. 

Regardless my loan was disbursed to me, and now I have a severe lack of clarity as to whether the loan can be forgiven using a combination of either a.) my next 8 weeks of outgoing 1099 contractor payments who are essentially my payroll that I keep busy with rehabs, or b.) my next 8 weeks of net profit from my rentals, which is now my sole source of self-employed income. 

Based on what you suggested, it would be a better investment to use a portion of the sale proceeds for a down payment on another primary residence and put down 25% on two investment properties that, combined, would provide a higher return than my current home, while not tying up as much cash.

A Lease Purchase is a process that combines a basic rental lease with an agreement to purchase, or with an option to purchase the property.

I went to a seminar held by Equity Trust yesterday which was very comprehensive and I picked up some New Info about buying a property with money combined btwn your SD-IRA & your Cash.

@Chris Risi you can increase the percentage from 8% to 10% by either increasing the property income or decreasing the expenses or a combination of both. 

Our agreed upon plan was when we executed the option, we would combine those debts and interest.

I use 15% combined.