Quote from @Enrique Toledo: I came across a really good seller financing deal and I would like to purchase it as my first deal but I don’t have enough money for the down payment.can I use a lender of some sort to give me money for the down payment?

.- Bulk Purchases & Portfolio Acquisitions: Banks and hedge funds often look to unload non-performing assets in bulk.

The idea is simple: purchase a property, live in one part, and rent out the rest to offset your mortgage or even generate profit.

As an investment, I would never consider a property that brings in only 7% of the purchase price.

My partner and I keep an excel spreadsheet of rent, our purchases, utilities, taxes, insurance, and money spent on contractors.

If you are looking to just calculate profitability, set how much profit you want to make then:ARV - Purchase Costs - Holding Costs - Selling Costs - Desired Profit - Rehab Budget (including contingency) = Maximum Allowable OfferIF you cannot calculate those numbers, a spreadsheet isn't going to help you. 

I am a rookie investor and have not purchased a property yet.Thank you in advance.

In my area specifically most investment type property listings are properties that were purchased 1 to 2 years ago.

A seller can not sign away his rights in a purchase or any other document.

I'm researching more because we had hoped to eventually purchase the space.