There is a local company that helps find buyers for this situation; they find buyers who won't qualify for a bank mortgage and thus sellers can typically sell a little higher than retail, charge higher interest, and require less money in repairs to the house.

In order to qualify for initial talks:Must own investment real estate and have bought/sold it in the past.

In no way does that make them qualified to be a manager of any size project.

However, it is now tough for me to qualify for a conforming loan because I already own 4 homes and Freddie has just changed the rules there.This home is probably worth around $300,000 and I am willing to sell it for between $200,000 and $240,000 depending on the terms.

I think you have to qualify your landlord just as much as you would qualify your tenant in a sandwhich lease option.I would rather negotiate a subject to deal and take the risk with the "due on sale" clause if I thought my landlord was going to have money problems in the future.

In the mean time, why don't you see how much you qualify for.

I wish I could qualify, then I wouldn't have to pay cash for all my properties.

Section A to be Deleted, and Section A now reads:insert (at lines 56+): At completion of closing with a qualified buyer purchasing the Premises according to the terms and conditions of this Agreement or upon such other price and/or terms as subsequently agreed to by Seller, Section B modified to add 60. section B: I'm not real comfortable with B.

You must manage your PM and having the skills to do that can also make the difference between good and bad experiences with PM's.

I would suggest if you are not experienced with running a jobsite, try to use your negotioting skills with the current builder to get a great purchase price, and let him complete the work on the property.