I have double escrowed building lots though a few times.. and those were big dollar plays selling to DR Horton.. and believe me were prepared to close if we had to as in those deals we will have 100 to 200 k in soft cost to get it to the point were Horton or lennar will buy.

Lawyer prepares lease and option. 

I had also prepared to offer the occupant cash after moving out rather than have to go through the eviction process to create a sort of win-win, rather than a loose-loose (where the angry occupant is forced out and destroys the house along the way).  

I love those calls about as much as I love telemarketer calls.To Stand out:Be prepared when you make your call.  

I’m a CPA with experience in tax preparation for real estate investment partnerships and am currently a property controller for a commercial real estate property management company specializing in the health care industry.

Many previous forums posts about how to prepare for closing with tenants in place.

I just bought a multi (2) family myself last year July so i'm very cash poor but i would like to take over this property.The seller:Seller owes 226kMarket value: Between 275K- 300kMortgage 6% (Conventional loan)Tax: 14k, Insurance 1,5KThe seller is current with all his bills.The rents are below market value and will cover mortgage, tax and insurance.The seller is open to any creative deal.How can i structure this deal so i don't have to put cash down and eventually refi the mortgage to get a better rate..Thanks!

The caveat is this: if your husband's company dismisses him or he leaves for any other reason, you need to be prepared to pay that amount back in full.  

The mortgage brokers will likely have access to more funding sources and can probably get more creative with the financing than a local bank or credit union.Can you provide more details on your situation? 

On the other hand, I'm always prepared to flip it or hold it myself as secondary or tertiary exit strategies.