I literally think of loan sharks or getting your house or assets taken away from you when I hear it LOL. 

Due to the appraisal, instead of the standard 20% down on an investment property, I was able to only put down 10% and get a second loan for the additional 10% down payment.

But most importantly that don't want to make a bad loan.

Market is still affordable to get into and cashflow is actually still possible even with high loan to value properties.

Can anyone recommend a good property management software solution that tracks seller financed loans (i.e. properties that we have sold with seller financing), along with tracking the rentals?

Will the mentor co-sign the loans?

A heloc add another trade line to your credit and can cause issues with fico scores dropping or DTI going up causing issues with credit limits or other risk based issues.Regarding the $4K in closing costs that is pretty much the standard for a loan amount of $100 to $150K.

Here’s what I mean:When you file your tax returns there are certain deductions that can be added BACK to your income to help you qualify for a Fannie/Freddie type of loan.

@Sheifta Anwar Highly unlikely….banks know they get the best price by getting on the market and most banks are just servicing for the actual loan holders…and they have policies to put it on the market.

One is the loan-that was borrowed money, return it.