Also enjoy sports, fishing, and flying.I am a recent graduate and work full time as a drone pilot for a utility company (enjoyed your TFR reference), have cash in the bank and no debt.

Needless to say I like to have a better framework then that and I do plan on keeping my full time job for awhile as well because I can't afford to go 100% full time as a realtor until I start seeing consistent results.

My friend in Reno closed at the end of May for full ask.

Now I 've done this once before and can't remember how it worked out.My question is, can or how can I sign a contract without handing over the full down payment?

They will need some fixing like 10000€ cause the building is old (68') and they didn't fix anything since like 10 years so it will take a lot of work.These apartments (the 1st apt bedroom and balcony and the 2nd apt balcony have a full sea view and Heraklion is a tourist attraction so I'm thinking about going 100% on short-term tourists renting. 

@Ned Carey, usually you will need to file a quiet title lawsuit before you can sell a tax deed property for anything close to full retail price, with the buyer able to secure financing and title insurance. 

So this deal was analyzed as a full rental.

You'll most likely have to go commercial or borrow the full purchase price from your investor.

Or did you mean 5 year payoff as in the loans will balloon and will be required to be paid in full after 5 years completely ?

@Jason Piper It is a little difficult to make a full calculated decision since I don't know how much money is in the deal and when additional rehab was done in the exact year.