Supply and demand and competition causes there to be a balance.

Bob brought up some great points about balancing the spectrum of better financing with the headache factor when it comes to buying with or w/o selling.

I think its safe to suggest that many authorities from the DEA to local sheriffs are at odds at enforcing the changing laws as they balance the high costs to enforce it.Speaking of Trump...

We will be bringing investors (friends & family) for the downpayment and closing costs and get a loan on the balance.

I'd be concerned with not having any checks and balances if all your eggs are in one basket.

I agree with Natalie, if you go super cheap with your bookkeeping you're probably using someone that just knows how to put transactions into categories and doesn't really understand the relationship between a balance sheet and PNL or proper accounting.

Currently in NJ 20% of the purchase price must be paid on the spot at auction and then the remaining balance paid within 30 days.

BECU offered me one without even applying for 50K.Another option is the 5% Balance transfer for a year.But HML definitely should be your last option.

The house is currently listed at $385,000 and the sellers are willing to let a new buyer assume the balance of their loan (approximately $290,000 with PNC mortgage) with that interest rate.  

Pay the redemption amount right away, and escrow the balance of the purchase price for an agreed time period.