While using financing does mean I don’t keep 100% of the profit due to borrowing costs, it allows me to take on multiple projects at once and operate in higher price ranges than if I were only using my own capital. 

My husbands aunt is selling it to us at a discount but is unable to do any sort of financing as she needs to sell it and get the funds.

With a Condo, couple things to note:1) Financing can be a challenge, but as long as the building is in good condition, you should be fine.

So I am looking to see if anyone has ideas about what options I should consider to gain more experience in real estate investing as I get my finances up to make my first purchase.  

We are thinking about taking out 100K for personal expenses once we finance.

Financing and Exit Strategies MatterMany house hackers use FHA or low-down-payment conventional loans.

. $200k fully financed with 8% heloc, 30 year term is $1468/month.  

And if that additional financing is NOT over-leveraging than it is readily going to satisfy the held existing financing thus executing on the C4D and now I financed out of the C4D and have that ownership. 

How did you finance this deal?

Also they don't want to do any creative financing.