People are adjusting their lifestyles and even with a vaccine, which has no guarantee on the timeline, the population is going to be hesitant to get back to normal.

People are adjusting their lifestyles and even with a vaccine, which has no guarantee on the timeline, the population is going to be hesitant to get back to normal.

Is there a way I can guarantee a refinance for the balloon payment at the end of 2 years?

The government guarantees agency loans from Fannie Mae and Freddie Mac, and the bulk of these loans fall into the $1 million to $10 million category, with $1 million being the minimum on most agency loans.Because agency loans are guaranteed, real estate investors can usually get lower interest rates on their loans with larger properties than smaller properties that do not qualify for such loans.

One thing you can ask any lender is if they have an on time closing guarantee and how they will reward you if they don't close on time. 

Sure, you may have a “pay-day” months or years later when you sell but that’s not guaranteed depending on the market you are in.

The above criteria give you a guarantee of sorts from the IRS that they will agree that you purchased the property for productive use. 

I am also searching for condos or small apartments as most of the homes are too costly (as I don't have enough capital).I may be able to bring in a partner to increase cap. to 20k, but that's not guaranteed.

Is it possible to get under some kind of legal contract that will allow me to do the necessary repairs, then be guaranteed that I'll be the one purchasing the house?

Is it possible to get under some kind of legal contract that will allow me to do the necessary repairs, then be guaranteed that I'll be the one purchasing the house?