It seems as if you are blood related you should be good!

Since the relationship is blood related, the  25% down payment for a non-occupying co-borrower wouldn't be required.  

Jeff your correct but like you said we only need a few properties to be ok.The thing is news like this can be used as a negotiating tool with potential sellers, most people will read this article and not delve as deeply into it as you did.I mean think about it warren buffet doesn't buy when the market is hot he buys when blood's in the streets or so everyone is told to believe.A board like this were we can trade information about asset classes that are strong and will remain strong can be a great wealth builder and i'm in this game to win.Also you make the point that if something meets your criteria and you didn't bend over backwards to make it fit will still be a deal.I think there are very good information on this board about how to get a properties true value and work off those numbers so i doubt anyone on this board should get burned if they ask questions and don't go against their better judgement.

Your investment of blood keeps our market secure.

Family is great because they give us a chance but there can be bad blood for years over money misunderstandings.  

Hey Everyone,I am a newbie wholesaler (only one deal under my belt) and I have a lead on an $800K (wholesale price) property. How do I come up with a down payment? Any creative strategies to help me get this under con...

Let's keep talking financing, it is only the life blood of this business. 

I like Buffett on the subject: the best time to sell is never, so I'm planning to whether a few storms and cycles.Still, and I'm trying to boost my savings rate and take this to heart, when banks are hesitant to lend, foreclosures are up, and there's blood in the streets, having cash will make you a fortune.And Scott, I still serve and bartend part time!

His stuff is wayyyyy to high for my blood nowadays, but i digress................I too did his 21 days to a deal program back in 07 and it's legit.

I've done dozens of deals myself over the past 10+ years and every one of them I've had to put in a combination of my money, blood, sweat, and tears.