Once my DTI got too high to get conventional loans, I found a great lender who finds creative ways to get me approved for conventional loans.

Very few sellers will consider creative financing in our area which is west coast.

It sounds like this might have been some sort of "creative financing" scenario where the buyer has $0 but is trying to cobble together 3 liens and 8 JV partners to buy something they cant afford.

View report*This link comes directly from our calculators, based on information input by the member who posted.

1) Rarely paying asking price or even "market price" for a property.2) Understanding how they may be able to reposition a poorly managed property for increased cashflow and value.3) Looking for creative financing, so they don't have to deal with a bank for a purchase loan.4) Understanding ROI, Cash-on-Cash, NOI, etc. and using those numbers to determine HOW MUCH they should offer on a property to meet their taget performance numbers.Funny, appropriate, recent interaction with a plumbing company.

Consider creative financing options like partnerships or syndications for larger projects. 

What directions should I take?

And then go to a bank and refi it to pay them backFind someone with self directed IRA money, and borrow the money from themGino

The potential tenant says the rent will be paid directly from the program.

Since I don’t have many assets or a lot of cash on hand, I’ll need to be creative and strategic.