I can possibly come up with 20% (extremely painfully and it would take time), but proving income will still be an issue, and I may not be able to overcome this. 

However, the $7,600 extra would eventually be overcome by the extra cash flow from the 25% down.

#askbpHow can a new investor overcome analysis paralysis?

There are no amazing negotiation secrets to overcome this.Negotiation skills are about building rapport and helping an already motivated seller become comfortable with a lower price than they were initially expecting.

Being new and kind of shy are two challenges that I'll have to overcome quickly in order to make real connections in the real world, face to face with other investors in my area.

Congrats @Cindy FraielliYou're in one of the few careers where you are only limited by your own ability to work hard and overcome your own self to be the best salesperson in your area.

Would love to hear the boards thoughts on this.http://www.inman.com/2014/05/30/opendoor-paypal-vet-keith-rabois-big-data-house-flipping-startup-has-funding-and-will-launch-in-july/www.opendoor.comI think, if executed properly, it could work, but there are a lot of hurdles to overcome.  

You might try checking out Pace Morbys youtube channel and finding one of his videos about how to overcome the due on sale clause.

If you truly cannot overcome your DTI situation, you might look into locating a duplex which is owner financed, or just suggest it to a landlord who is leasing a duplex.

Once you combine selling costs with going from a 4% rate to a 5% rate you have a much higher hurdle to overcome.