The property still had to appraise.Now, down payment assistance cannot have funds derived from the sale, so this kick back method is not legal from a federal perspective.As to the question of having other assets encumbered, yes, that is done. 

Frustration leads me to reading: 4 Hr Workweek, GTD Method, J Scotts books on flipping and estimating and FLIP and HOLD and the One Thing.What's my big hairy audacious goal for 2016? 

I'm looking to buy and hold, to use the BRRR method.  

I think it's a great strategy and will really start targeting corporations in the method @Kevin Harrison mentioned (which is awesome by the way.

@Andrew MeyerBoth methods work out to about exactly the same for me.

You should also be aware that there are two methods to use your 401K money in real estate investing.

Quite outrageous when you take into account that it's on the second floor and doesn't benefit from any hedge trimming, among other services.  

Investors could have different methods to accomplish the same goal.

Also had to put up railings and paint some window trim on the house.  

I think I could use a cheaper method to reach people; so why not direct mail?