Cost is only relevant to the seller, (despite what any realtor will say...lol)   A buyer will not pay more than they are willing to regardless of the costs taken on by the seller.so regardless of buyer paying closing costs or seller paying closing costs, thoses cost come directly out of the the money the money the buyer put on the table. 

The unique thing about this house is that my dad had used a government housing assistance to buy it.

Bring something to the table and you may have your future partners to work with along the way.

I am in the middle of the process of taking out equity in a rental home I have and use that to come to the table for the short sale house. 

Second, I would have to come to the table with 20% down which would deploy more cash I can invest. 

Hello everyone! I've lurked a while but finally posting and getting involved. I want to preface I know this topic has been beaten to death. I've explored those threads and have been reading books, scouring other sites...

Will love to hear any such experiencesI know it is a unique situation.

@Jay Hinrichs thanks for Chiming in Jay, I’ve read quite a few of your posts and responses to threads and know that you bring experience to the table, not to say others don’t, im just a bite more aware of your reputation (from online of course).

Sometimes wells have reduced flow in the winter due to water table fluctuations if its a shallow well, so you may only need to supplement with an occasional water delivery.

I use both as a RE investor between commercial and residential as both can be used on 1-4 unit properties (non owner/investment occupancy).The pro's of commercial/portfolio financing from local credit unions and community banks are that you can:- talk to a local banker/lender who is interested in building a relationship with you over time and is flexible to make a loan as long as its financially prudent and you show a track record- ability to build a track record with- less documentation scrutiny than a fannie/freddie conventional loan which is more ridged because it needs to be sold to the secondary market so all boxes must be checked to do so (otherwise the loan is unsellable or undeliverable)- is cashflow based via debt coverage ratio or DCR method of qualification (Net operating income / debt service) - can fund to LLC's, entities, and businesses with personal guarantee (PG) usually- can do unique loans like cross collateral or blanket notes across an entire portfolio, can do rehab/construction + permanent financing into one (one time close products), can do soft liens and releasable upon progress on your projects so you can leverage equity with temporarily encumbrances, unique disbursements on credit facilities,etc Hope that helped compare the cash out options.