A private loan or rich uncle is another example.The alternative with a mortgage is that you have to BRRRR sequentially, not in parallel. 

But I am looking to scale my portfolio more quickly which leaves me with a few options.

If they are professional, they can explain this quickly and easily.

I will not be adding this one to my arsenal.If you are looking for a good program that is reasonably priced & really helps, I would recommend the land riches blueprint. 

They're making me rich, but making me crazy :)

If it were, the first thing everybody should do is read their contracts to make sure they aren't going to be paying their opponent's legal bills if they lose... because they add up quickly when demand letters are sent.But based on what I've heard so far, I believe this goes back to what public record was at the time of OP's purchase. 

Just a quick look at your needs list, you would be looking at double that especially if you are contracting all the work out. 

This would essentially be a private/hard money which is often as strong as a cash offer.they are looking for a quick close.. and a cash offer.. say i purchase it with my cash.. would i still be able to do a 203 loan to repair it? 

They are quick to respond back.  

I had wrapped my head around residential not around commercial, But to me the deal seems amazing - you guys tell me 8000 sq. ft building7 storefronts on an active downtown street (all rented and currently have tenants)34 unit mini storage in back lot (29 units rented - the rest of the unrented are being used by the current owner)Asking price is $798,000 and owner is ok with seller financingAfter sitting with them today the owner who is 83 said he is ok seller financing and verbally agreed to $715,000 and a 4% interest rate, 30 year note, $100,000 down payment, no early payoff penalty - my lender and real estate agent both came back valuing the property as it sits at $840,000Income = Rentals ($5075) Storage Units ($1935) = $7010speaking with the owner he hasn't raised the rent on either the storefronts or mini storages for almost 10 years - looking at comparables in the area we believe we can raise the rent and storage units easily to push the income up to $10,000 a month 4 of the 7 Tenants have been there 5 years plusCost = Including estimated payment, taxes, insurance ect. would come to a monthly of = $4450that would cashflow $2560 a month at its current with the potential after purchase and rent adjustments cashflow $5460 a monthPending an inspection the property looks in good shape with little to none improvements needed at this timeA quick background I have had rentals before on the farm we own, three houses we rented out so I have some experience) My QuestionsIs this a good deal???