Source and Seasoning the Down Payment: Conventional lenders (for the most part) will require that you verify, that, for AT LEAST 60 days, you have had: either the funds in your account OR you have earned (maybe a bonus at work, business profits, ect) or are entitled to funds (retirement savings account, inheritance, award prizes, proceeds from the sale of an assett, ect) and can prove where you obtained those funds from to show they are not a new debt or ineligible funds (funds that can't be sources or borrower funds).As to the LTV/CLTV: you will not be able to have the agreement between you and your fathers friend recorded against the property at time of closing, because of the CLTV restrictions, you can borrower 60% from conventional financing and get a 15% 2nd mortgage from your fathers friend, but, this would not normally make sense to do since the 1st mortgage is willing to go to 75% anyway.

I did indicate on the listing that I will award a 3% commission to the buyer's agent. 

Bell will still an award winning school in 2025.  

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Bigger Pockets has various resources: ebooks, blogs, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, keyword alerts, informative people in many fields of real estate, and more.Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.

Bigger Pockets has various: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more.Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.

Combine your business experience with Bigger Pockets various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more.Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.

Bigger Pockets has various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more. 

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Combine your business experience with Bigger Pockets various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more.Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.