They have utilized a number of financing approaches including: Minnesota Housing Finance Agency Tax Credits, Conventional, Grants through Duluth Economic Development Authority (DEDA), Duluth Housing & Redevelopment Authority (HRA) Assistance.Sharon Brown with Duluth's Life Safety office is a great resource as well when dealing with blighted properties.

Our debt include only our primary, the duplex, and credit card $3,175.91+$7,317.49+$2,000=$12,493.

A line of credit is a great way to be ready to get the next property.

Now I'm on to the next step: covering the tax bill from my side gig, saving, and repairing my credit.

Will having that home on our credit negate us from being able to seek additional loans for other properties? 

Only asked that since you mentioned out of state.If so, credit score 700 plus, you will be 20% down on 1 to 4 unit purchases on the DSCR side.

In our case, this seems to be the best price in town and I trust this AC company so I am happy to pay their price (especially since it is the lowest quote I found).

My work around was to find a 75 year old dude with no credit and no assets, who wanted a new truck.

I’m trying to work with a seller who deals in off-market properties, but they only accept cash or an “unrestricted line of credit” for payment.I have about $200k in liquid funds and want to invest it all, but I'm running into challenges with payment methods.

Plus reducing capital gains You want the seller to extend multi-year credit for tens of thousands of dollars to someone whom professional lenders won't touch.