Those types of problems often end up being far more costly than people imagine if you have to put in retaining walls, etc. 

, but have this second deal on the table.The seller and I agreed verbally on a $39,500 finance offer...where I put in 50% down of purchase price (so 20K), have the bank back me with the rest + whatever the rehab cost will be.

So we find a lot of houses that are really cheap practically a steel when does it become that you are putting down too much on the house to fix u if it needs an entire remodeling

My credit is excellent, I have a full time job, and I have lots of extra time to learn and put in work. 

Your Tax CPA is not going to separate them out unless he.she does your bookkeeping. 2- With receipt, please dont put in in any physical folder.

You must be willing to put in the work though.

You are early, and may be over anxious because you worked so hard and put in a lot of money.

@Nikol NollHi Nikolyour first mistake was to put in an offer without actual numbers.

If the average property sells for $100K in that neighborhood I would not put in Hardwood floors, Stainless Appliances, and expensive Cabinets.  

@Craig Gordon yes in this  situation you would be looking for a cashout refi.The only possible way to get 100% of the cash you put in via financing is if the property gained in appreciation because refi will do up to 80% LTV.