They will not allow lockboxes anywhere else on the property (like on a fence for example), either.Wondering if anyone has done alternatives to this.

https://www.hud.gov/buying/loans🤯FHA 203k (3.5% down): The 203k is a phenomenal product and alternate version of the FHA that allows you to roll your rehab costs into your loan amount.

Certain HOAs can be challenging to deal with- that's a possible downside.It's true that you might take a hit on yield when buying a condo- but I've done well with the few I've done, and I view them as reasonable alternatives to multifamily.

Alternatively if you don't think the area is going to continue to do well you should sell and use that money to buy several properties in a better location (or one bigger asset). 

If you're trying to close in an entity for say, investment properties, alternative financing and business purpose loans will allow you to close in a LLC. 

It's the nature of the business.

He is a very generous person by nature so I wasn't surprised to hear he is allowing them time to move because he is single, doesn't need to move right away and is busy with work anyway.

Hello BP,What are some alternatives for additional funding if you've exhausted your rehab project funds? 

You also have vacant office buildings that don't get the foot traffic they use to and a demand for housing, so conversion is natural. 

After touring the property again, I made an all-cash offer of $82,300 or, in the alternative, an offer with $50,000 up front and owner financing for $61,400 (total - $111,400).