HI Jason, all the information you received is 100% correct.

I may be able to get her on bank draft or some other method. 

Correct me if I am wrong, but dont the banks simply turn around and sell the exact same loan again at a higher price as a performing loan to the same private investors ?.

I would suggest not doing seller credits until the Dodd Frank act gets repealed completely and to make sure your contracts are done correctly.

If you don't have much money to start, try driving for dollars, putting out bandit signs, and some other more time-extensive/cheaper methods.

I was blessed to have money gifted to me from my parents from their LOC (line of credit). The LOC comes with a monthly payment which I am looking to pay so I get that tax benefit. I'm looking for advice on the best wa...

In regards to rentals, i took the last year and condensed my portfolio and sold off some rentals i had purchased before the recession that have been negative income for many many years now, so i am out of those positions with the equity at almost a break even, because i feel personally that the next few years the pricing movement isn't sustainable and its going to shake up the market again, idk if it could call for another recession, but i feel it needs some correction soon.Im very tempted to just hold my cash now for the rates to rise in hopes of the prices to settle down and instead of leveraging my next deal, that i would just flat out pay for it in cash, because then i dont have to worry about the high price of mortgage interest eating into my passive income, i know this is against most, but i feel like investors in my area just pulling bullcrap deals together and rehabbing them for nearly no profit, just to stay busy.

You can purchase a multi family home with your entitlement, live in one and rent out the others  with 100% financing.That should be your preferred method of financing for the least amount of money out of pocket.  

When I look at a deal, I ask "If my assumptions are correct, then at what price is this a great deal?"

In addition, the property after value add is likely to have initial cash flow and, if I am correct about the continuing rent appreciation, the cash flow will increase each year while my fixed financing is constant (a little variance due to escrow holding).