Hi Grayson, with you mentioning conventional 5% down and FHA 3.5% down, it sounds like you are referring to a primary residence.Private Lending/Hard Money Lending is usually on investment property (We can do primaries but it is highly regulated & varies state to state so most refrain from it.)If you are looking to get into a flip, long term loan, whatever it may be.If you have no experience & a solid fico, rule of thumb is 20% down.Hope that helped :)

I’ve also spoke with a lender (one lender so far) and they mentioned that some rules have changed and we might not be able to go that route. 

(especially for those involved on this website)The reason I mention if it matters on this website is because most are real estate investors(long term buy and hold) and will most likely operate at a tax loss which doesn't have an impact on taxes.The second point is, will you invest or not invest in a good investment because of what your tax rate is?

Don't be discouraged if there is a lot of push back from sellers or agents at first, many of them aren't familiar with seller finance deals or have situations that can't be solved with seller financing (for example, as was mentioned above, they may need a more conventional offer to pay off their house and buy another one).

Other answers might include the acronym CIA:  Credit Income and Assets but that leaves out the items Brandon mentions.   

Last point I would like to mention is that I am current renting, and I plan to purchase a primary residence within the next 2-3 years.

I can see why it is mentioned as being unorganized, from my newbie stand point I was able to find my way around.

Hi Nico,Thank you for your post, You mentioned that hiring a few virtual assistants (VAs) to cold call has been effective, and that text messaging is also performing decently,I specialize in identifying and revitalizing unique properties—those that are not typical, for example, I recently spotted a triangle-shaped property that has the potential to be transformed into something beautiful and valuable, either for living or resale, Could you please share your approach and any guidance you might have on the process of using virtual assistants (VAs) to cold call and the text messaging strategies that have been effective for you?

I would not take that risk, some would some would not.Real estate is similar in regards to your terms should be based on the risk profile.As another comment mentioned, are you getting a mortgage and this a second position lien?

NNN Cap rate is very easy as you mentioned.