Though the down payment and closing costs will not be huge, they will eat up a sizable portion of our savings.

These sellers just don't trust folks (real estate investors) that can afford to send those types of mail pieces; it's just the mindset of the person receiving the mail piece.These niches need a simpler, "uglier" mail piece.

People will rightfully assume that you cannot know as much as an older person, you just cannot have that much experience.The best way to gain people's trust is to do a couple deals and get happy satisfied clients who will use you again and refer you to others ......I don't see a shortcut here.Or else you have to have the deal of the century.   .people will sometimes sacrifice their comfort level when there is money to be made..Good for you though for starting so early, just hang in there and don't give up...

Consumer confidence is down which means they do not trust splurging today for the fear of the unknown tomorrow.

In that scenario, it means that even if I would never be delinquent on payments, they would bump my rate to 11.675 to 14.675% if no Hassle-paper is given, apparently.

This is exactly why I don't like/trust AI...We hosts should absolutely have the choice of which photo appears where. 

You need money to be an investor, are you equipped coming out college with a windfall, trust, or another form of capital?

Would it be wise to use a Heloc for a down payment on my first investment property?

You might utilize these extra cash for a down payment on a different house.Another good alternative is seller financing, which may be arranged directly with the seller and may entail a down payment and interest-bearing payments of the remaining amount over time.

Unfortunately, this means that I have to let this deal go, but it made me come up with a couple of questions about this situation:Does anyone have experience in partnerships where one partner's only real requirement is to sit on the loan and potentially provide interest payments when needed during the duration of the construction?