I need some of your inputs to determine which offer below would give me more profit or benefits from tax perspective. 1) First offer: $400K, which was what the listing price is for my property, with no closing help.2) Second offer: $412K but with $12K seller credit for closing help.

We all want to be completely prepared before going in.  

We paid off some credit card debt and decided to move home.  

Now, the property isn't all that expensive, and if you are prepared to break even, or take a small loss, in order to learn from the experience, seems like this would be a relatively safe way to do it.

Student loans, business debt, credit cards, you name it.Would it make sense to spend a bit more on the reno and sell each unit as a condo?

Again, I have 100% equity in the house.I was asked why I don't get a home equity loan and the reasons are 1) My credit probably shows me to be a "ghost" since I have not had any sort of credit in the last 7-8 years and 2) I have worked for myself for the last decade and my income is usually in cash so, it would be impossible to prove any consistent income.I never would have thought that getting a short term loan under my circumstances could be difficult to put together.

Credit score and income level are th eeasyist criteria to set to eliminate them.

I have 40% down payment and amazing credit score and credit history.The issue is that I am self employed and I dont show any income on paper, so the bank won't consider loaning me money due to "low income" This is an amazing opportunity and I have it under contract but I'm about 100k short, how do I get that financing to get to the closing table?

Get college credit in high school, apply and win scholarships, or even go to community college to knock out core credits.

I haven’t  actually run his background or credit yet but according to him everything else will check out well.