If you are going to school, I'm not sure you'd be making enough money to qualify for a mortgage.Prices in London are nuts and the real estate system in Scotland is not in the buyer's favour as they do sealed bids.I got started in grad school, but had my parents co-sign a loan (for which I made all of the payments and I had the down payment). 

2) Are you pre-approved and have the down payment in your bank account?

When you say you have$150,000 available, is that for a down payment or the total purchase price of the investment? 

In retrospect this $200 was never mentioned in the original pitch but I later discovered that even the idea of one time payment and forever help until you make the $1M profit and split with them is not true.

MattIRA sells and owner finances the property for 200k and gets 30k down payment.

Use some for a down payment on your next home.

Our rates are 7-12%, with no down payment required.

or, only after you've paid yourself back for your down payment?

We just need to verify that you have cash for the downpayment, closing cost, and up to 6 months of the mortgage payment as reserves.

It’s essential to screen tenants carefully to minimize vacancies and ensure reliable rent payments.4.