The main condition was I had to have the downpayment (20%) first, close the deal, and then execute the owner financed 2nd mortgage. 

Do you typically have a separate bank account for each property or do you have one main operating bank account? 

lima one does spec loansbuilders capital.they mainly rely on experince they want to see you have done 2 or 3 in the last few years.. 

Quote from @Zeona McIntyre: Hey @Blake Winiecki I imagine you live in Florida but I would reconsider investing the area for one main reason - climate change.

We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies. 

Is the property under a high tension power line or down wind from the horse rendering factory or on a main thoroughfare or some other obstruction that you wouldn't want to live near?

It ended up being the main water line to the house that was old/rusted/damaged.

ID=Wilmington-Main-Monthl...

This property had a main house, a pool house, an apartment over the 3-car garage, plus a 1,200 SF guest home.

Last thought (mainly for future readers), you may be talking about the 1 year FHA history if you have variable income.