Fast forward 20 years: I now have money in the bank, excellent credit, live modestly on my own, and run a business that’s doing well.Unfortunately, I wasn’t able to save much for retirement during most of my life.

Mark, the good news is there is not any banks doing this.

Quote from @Stacy Banks: Hello I wanted to know what does it cost to do foundation & framing for a 1,500sq ft house being built in Lehigh Acres Florida.  

Bank won foreclosure in 10 months so luckily it cashflowed as well as it did. 

Are there going to be banks involved, creative seller financing or all cash? 

But, you can go up to 65% loan to value with no reserves, or up to 80% loan to value if you have 12 months payments already in the bank (12 months reserves_.

Do NOT buy anything from the Detroit Land Bank!

@Shin Nishikawa Right now it is still difficult for foreigners to get financing from Japanese banks.

Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow. 

He is very good about deductions on tax returns so his income looks negligible and of course banks wont talk to him about loans.