Is there a way I can structure the deal where even if I am unable to make payments, nothing would happen to my credit/record?

Sometimes you need to know when you can hold em and when its time to fold em and move on.

Also know that you can't necessarily trust the NOI as presented, you must, must, must run the numbers.Here's a good link to start understanding the basics:http://www.noneman.com/pdfs/White_Paper_Cap_Rates....

Purchase price: $265,000 Cash invested: $40,000 3/2 1728sqftLake access What made you interested in investing in this type of deal?

Looking for 1% deals will be cutting things close. 

Hey Bugger Pockets Community,I just finished reading Brandon Turner's book on investing with little to no money down (amazing book btw) and I am interested in knowing what are people's experience with MLO's and seller financing.

Interest rates decreasing a little more will be necessary to make this possible, too (DSCR loan).Also I will have another deal refinanced by then and gain about $70,000 of capital from refinancing that.

What made you interested in investing in this type of deal?

We try to help them as best we can, but then our name gets trashed when they don't get their paper results - because you know, EVERYTHING is the PMCs fault.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.