Gives you great negotiating power when you offer all cash quick closing with no contingencies and the ability to go to the bank after 6 months and get a conventional loan on the property and with your money back out.  

Question on process that I think I have but would like confirmed if you will.My agent will write this up and send to sellers with offer, buyer agent to be paid by buyer, to include contingencies (finance and inspection) with all x days filled in for inspection period etc.Sellers accept and the clock starts count down to get financing, inspection, appraisal, survey, title.....Everything else is then getting to closing granted the appraisal comes back at or above offer price.

You could put in a bid contingent on the rezoning.

Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.Besides doing that on here make sure to get out to some of the many local investor events we have.  

My first post on BP and also signed an agreement on my first rental property. the purchase is contingent on nothing major arising from the inspections, but one piece that concerns me is the bones of this 1900 home. 

This is commonly known as your contingency clause...for example my contract says "CONTINGENT UPON APPROVAL OF BUYER AND BUYERS PARTNERS BEFORE CLOSING".  

However, oftentimes the buyer is already lined up who's seen the property in advance and will submit his offer with no contingencies and quick cash close = bank accepts.  

Is it a possibly to contact the owner and get them to sign away redemptive rights now contingent on you purchasing the house and then also paying them something?

we get in trouble with the board of realtors if we fudge this or do not keep right up with it.if its off market.. then of course its his word is the only thing you have.and if you did have a valid and fully ratified contract with sufficient EM and no contingencies and he just backs out. you have remedies.

It is a new home 2004 built and am expecting min cap-ex for the next 5 yrs (inspection pending and have a contingency on it).