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?  

How you proceed will depend on a few factors:- financing will depend on your exit strategy - you'll be best off if you can decided the exit plan (LTR, MTR, or STR) before buying- Since you're not employed and living on savings, what is your burn rate and your cash runway?

I am able to put an extra payment on the principle every year in order to chip away at it early on, but i plan on getting out of the military around the back end of 2025.

Also check out your local chapter of NARPM if you plan to manage houses.  

I plan on rehabbing the entire property to BRRRR or flip it.

In either case, you'd need to plan for a 15-20% minimum down payment depending on which route you choose to go. 620+ FICO.

He has some interesting plans and his houses sell for premium $/sq ft.rosschapin.com

If you plan on starting slowly with handwritten letters, it's pretty easy to manage and you can use a free CRM like HubSpot just fine.

If this is a money saving plan it’s a horrible one.

I am planning on leaving the brokerage to go somewhere that is more investor friendly, and somewhere with a broker who knows what wholesaling is.