Did they tell you that if you put 25% down, that they would do a traditional owner financing with title transfer?

You can do this with the syndication model where you acquire real estate using capital provided by passive investors.

We have about 20% as a "down payment," but I assume that avoiding a traditional loan would be the best way to avoid extra fees and costs.Have you ever purchased a home from a family member, and if so, how did you come up with the money? 

If you are going the traditional route you will need to supply (2) years W2's or 1099 income unless you have been self-employed or the business has been open for 5 years - them you can use most recent year.If its only business income it can be tough if you have tons of deductions and show little in NOI.

But as soon as I hear about someone doing backdoor IRAs I know we are working with someone doing more traditional investing.

Unfortunately, it appears that your contact details might have changed, impeding our attempts to reconnect.Regarding the course foundation, while formal MLS access is traditionally acquired by a licensed Realtor, it’s essential to note that there are diverse pathways available to gain access, ensuring that your ability to close deals isn’t solely dependent on it.

I only heard about Partner Driven last year and so far so good 👍🏼 As a licensed REALTOR and loan officer, I knew the traditional buyer pool was going to shrink due to the looming interest rate hikes.

The mere presence of a large co-invest shouldn't be taken as a license to bypass all other due diligence on the sponsor, the asset, the business plan, the assumptions, and the deal structure. 

Would a unused, open HELOC affect my credit worthiness or increase the risk in the eyes of a traditional bank lender?

I find that going through the traditional eviction process can take anywhere between 30-45 days till then they will not only get plenty of time to stay but also burn lots and lots of my $$ and might even cause damage to furnished place that I shall give them.