Once we had the home inspection I was able to have the seller credit us at closing $8k...of which the escrow could not credit the entire amount and so I had the seller write up a personal check for $2000 How did you finance this deal?

i set strict qualifications for my rental 3x income credit score of 700. 

One of the benefits is that being on the loan can help build his credit, which will be valuable for his future financial goals.

Given your credit score and ability to fund 25% of the purchase I don't foresee any obstacles you will face. 

Thanks, He either has to give you the deposits or he has to give you a line item credit at the closing for the amount of the deposits, so that you can set aside the resulting credit money.The funds are NOT his.

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.

The masterminds often encourage students to finance the new-car like entrance fees on a credit card, on the promise of just a single deal covering all the entrance costs. 

Ask for a line of credit.  

Adequate W2 income and 780+ credit score. 

.$25,000 in the Bank823 credit score3-5% revolving utilizationvery little debtZERO experience in anything real estate or construction relatedKnowledge acquired from listening to 123 audible books over the previous years14 months later...$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.