You set up a Single Member LLC  which will be the buyer on the executed contract with the seller.

If I couldn't, pass.It’s usually not a good idea to execute a voluntary agreement with the intention of violating that agreement.  

Meaning, if you DID need the rental income, you would also be required to have an executed lease on that one unit you were occupying that you are no longer occupying but instead renting. 

So if you do choose to get a purchase contract executed make sure that your "Third Party Financing Clause" gives you enough time to find this answer out.  

HelloI have an executed purchase agreement with an estate in probate.

Sadly executives do not care about staffing issues but money.  

Wondering if anyone has executed a loan or extension backed by a pre-signed deed in lieu?

At some point, you must execute that plan and make adjustments on the fly.  

Your DTI shouldn't matter as much as your business plan, your previous successes, and your ability to execute. 

At least, that is the plan.Portfolio: In terms of portfolio, I’d like to start small so that I can have a firm handling on the mechanics in order to create a reliable and efficient foundation that I can keep on re- executing with ease.