The reality is many lower rate offers have a higher price or are $hit properties, but not all.If you are paying extra for owner financing make sure that the discount rate easily justifies the purchase price.  

Get a side gig for extra cash flow, stop all extra spending and live like a monk. 

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

Don’t be surprised if you find yourself downing a few extra coffees while sifting through properties, but hey, that’s part of the journey when you’re aiming for that next-level investment portfolio, right?

Luckily I had extra cash and I will close.

If you're only doing one off flips here and there this won't work though as you'd be paying extra interest that you don't need to. 

With loan extension you might have to come up with extra payment to get DSCR in range lender will approve.That is why to go through this exercise NOW and if you know tenant wants 300k TI to extend and bank wants 300k to pay down estimated balance when new loan placed you need 600k to come up with.

When I first started, I learned that diversifying a little—maybe starting with one cash purchase for rental and layering in a financed property or two—can balance risk and cash flow.It’s also wise to consider market trends in areas where you’re looking to invest.

Quote from @Devin James: Quote from @Jay Hinrichs: for us we do very little marketing we rely on MLS what we do to compete is spend an extra 10k or so per house with upgrades other builders simply wont do..

It ended up costing an extra ~$6k in closing costs but I think we did OK.