He will review them with his personal real estate attorney and if all is good he signs them.

We use it for our personal + biz banking.

@Kyle Weinapple this is a personal choice regard a cost/risk ratio.

@Kristie Lauferi will only BRRRR (hard money) or seller finance. 

When in a Seller financing deals (with subto - hybrid) asked you to put some down payment and there is not other way to close a deal with him, where we can find private money for the down payment? 

I bought my first duplex using a hard money loan.

Assuming the property is appraised at $650,000.00 I am hoping the equity will get my LVT to 75% eliminating the PMI, adding to the potential cash flow when I go to rent and then putting that cash flow + personal savings away to raise capital to buy another piece of property.I realize that in order to buy my next piece of property I will want to put down 20% to avoid PMI and a high mortgage but saving 20% for a piece of property in my area is going to take some time due to the high price ranges $500,000-$700,000.

Look online or go in person and get all their eviction paperwork.3. 

You typically get better terms with purchase money vs cashout refi as well.

I could have spent my money investing in myself.