Since investors dealing in options have seemed to be under this umbrella of protection I know they have missed this alternative to apply in certain circumstances.

$20k is a relatively small sum, but a lender may want a significant lender fee to cover that clouded risk.I would look for an alternate method of acquisition.

Any other legal advice is ILLEGAL and may be very incorrect.Seeking advice from an attorney in the area where the property is located can be a wise and very economical decision considering the alternative.

Unless there is some kind of exception to the Colorado SAFE Act (like you can use a "hired" MLO) your chances of finding a lender for an OO purchase are slim.Off the top of my head Alternatives (for you and your attorney to discuss): buy the property in an LLC or other "non-person", have the lender lend to the LLC, and have LLC membership/ownership as you and your wife, with an additional member being the lender upon your demise (or other events (including insolvency, etc.))

My FICO score isn't the greatest, are there any alternative loans out there that focus more on the value of the property then my personal financials?

If it is left dirty or beat up, then she will have to pay damages out of her security.On the other hand, if she is cooperative and very neat by nature, you may benefit more by showing the house as occupied.

@Justin Foster,Douglas is wise and has professional experience.It is my opinion that you should seek legal and financial advice from licensed professionals you hire.Seeking legal advice from an attorney in the area where the property is located can be a wise and very economical decision considering the alternative.

The objective is to get out as close to debt free as possible.Other pricey alternatives but GREAT non college alternatives are the CCIM education track and ULI development education.

Due to the nature of accounting implications of the booked values of the various assets, some losses will be allowed, other losses may be sought and and specific profits may be targeted.

When a buyer has cash to put down that motivates the seller to perhaps overlook more prudent lending considerations.When I appraised these contracts or notes, the initial starting point is to the arm's length nature of the transaction, the relationship of the parties and the motivations involved.