I did realize pretty quickly that maxing out my credit cards was probably not the best way to manage my real estate investing, so I canceled the mentoring within a day and got a full refund.  

Be prepared to bite the bullet.

Would you sign him if he got a cosigner with good credit?

I need some of your inputs to determine which offer below would give me more profit or benefits from tax perspective. 1) First offer: $400K, which was what the listing price is for my property, with no closing help.2) Second offer: $412K but with $12K seller credit for closing help.

We all want to be completely prepared before going in.  

We paid off some credit card debt and decided to move home.  

Now, the property isn't all that expensive, and if you are prepared to break even, or take a small loss, in order to learn from the experience, seems like this would be a relatively safe way to do it.

Student loans, business debt, credit cards, you name it.Would it make sense to spend a bit more on the reno and sell each unit as a condo?

Again, I have 100% equity in the house.I was asked why I don't get a home equity loan and the reasons are 1) My credit probably shows me to be a "ghost" since I have not had any sort of credit in the last 7-8 years and 2) I have worked for myself for the last decade and my income is usually in cash so, it would be impossible to prove any consistent income.I never would have thought that getting a short term loan under my circumstances could be difficult to put together.

Credit score and income level are th eeasyist criteria to set to eliminate them.