Now I have to have a sitdown with this potential and try to iron it out in order to seal this deal!

From there, know your ARV and guage what you want to offer to make the deal make sense for you. 

However, downsides include regulatory restrictions on bank lending, many institutions that restrict concentration and geographies, and other headaches and issues that arise when dealing with a slower-moving bank.DSCR loans are the option that has completely changed the BRRRR lending landscape in the last few years.

We charge maximum of 1% depending on the deal.10% is INSANE. 

It is late for this incident and not actually dealing with the issue, but that advice will help in the future! 

Investor and house hacker myself.The deal you're being offered from what i can tell seems like a steal.. 0% down no PMI?

I've seen deals that are "rack + $0.03/gallon" and others that get much better deals. 

He’s older and I’d like my first investment deal to benefit him as well. 

After meeting the entire team in their beautiful office I signed the deal to buy my first property.

The only exception to that is the Eastern Panhandle near DC.I’m not sure about this specific deal, but knowing the location and little to no cash flow, no way I would buy this.