There's a house up for sale but the owner currently has an outstanding mortgage loan.

Is it possible to have your address listed as the owner and the property manager's address listed for the purpose of sending correspondence?

@Peter Cainero - yes, Owner Occupied 5% down is available with conventional financing and even as low as 3% depending on the lender.  

Hi Garret, Emily Bibyk is the owner of a Remax office in downtown Grove City and is native to the area as well.

Yes, you can get 5% down for owner occupied conventional.....you never could for investment properties.  

I saw the tax return I/E report owner sent me.. the income on tax return seems to be much lower than the report sheet he given me...the broker stated sometimes there is cash rent transaction between tenant and landlord that not showed up in tax return...how can I vertified this?

They signed a lease with previous owners through August.

They'll do up to 80% LTV on a non-owner occupied.

Therefore, I would have to be an owner occupant.

If you are dealing with private owners (as a wholesaler you probably will be), you want to keep the personal and approachable connotation to your business.