He had uploaded screenshots of his bank accounts. 

This means 20-25% for a down payment, and it has to be your money that you're using (verifiably in an account that belongs to you).Though there are programs that lend up to 90/100 to first-time investors, those programs usually don't work in Maine due to the rural nature.

For example:- Lender drops the LTV to account for additional risk. - Tenant agrees to either start the loan with recourse, with it burning off after the extension is signed, or start the loan as non-recourse with a springing trigger if tenant does not sign the extension soon by a certain deadline. - Lender requires a heavy TI/LC reserve until the extension is signed.

What usually happens is that houses of cards fall, they just haven't been in the arena long enough to find out.I have seen seminars that might be similar to the Speed organization, heck, it might have been him, I don't remember.

He has paid rent weekly via auto-deposit into my account for 24 months.  

However, after running the numbers accounting for insurance, PMI, taxes, vacancy, capX, property manager, etc. the property is estimated -1.85% cash on cash return (-$600/mo) once I fully rent the property.

Every rich guy with a brokerage account at all time highs wants to "get into real estate" - too much money chasing not enough houses.

How can I get comps, both sale and rent comps, for single and MF properties without having access to MLS? and without being a real estate agent. Any recommendation is highly appreciated. Than you 

When a self-directed IRA borrows money, the IRA account owner can't sign a personal guarantee.

Finalizing a few things now but couldn’t i just use the one ipostal address for all instead of separate accounts / addresses?