I'd normally finance the initial purchase but able to buy in cash (quicker) in exchange for additional equity. 

These were the options that were presented in the signing documents as well as the option for the amount I'd like to initially draw.

The way I initially looked at it was - will that up front investment yield you anything as far as returns?

Then it converted to the higher rate he initially wanted.

This property was on our initial budget, no repairs should have been made and most important - it was under section 8.

Borrow initially the total funds you'll need by adding repairs into the HUD-1/Settlement Sheet.   

I think you have to get creative, have clear goals & work your a$$ off initially - this is not a ‘dip your toe in the water’ kinda strategy.

The initial negative cash position consumes the initial cash flow to recover the negative position.  

@Lamont MarableIt should all be spelled out in the initial agreement that is signed.Loan agreement - It should mention when interest is paid and when the principal payment will be paid backLLC Agreement/Partnership agreement - It should list when distributions will be made.

I had a seller financing portion in the contract initially and unfortunately it was a non-starter.