Also, Im not sure if the contract I have is completely legal and wanted to have it reviewed.

Buyer pays closing costs & loan doc fees: $3,800 approx.Total Entry Fee: $23,800 to close -- or 9% of the purchase price!

The 20% down terms were the same and I think we could've still put together the deal because it allowed the tenant time to vacate (the terms of the contract was to allow the tenant up to 90 days to vacate, so extending closing for that would have potentially worked).

The wholesaler who has the portfolio has all of the properties tied to one contract, and due to some prior legal disputes, this contract is actually 3 years old and just received a judicial order allowing the buyer to proceed to closing.

My team works closely with Paul and his team on the lending side.

We just closed a deal for a client on a duplex that the agent listed as a SFH.

The title company couldn't clear to close.

And some mistakes were made by tradesmen but looking back I didn't ask the correct questions or have the knowledge to make certain they wouldn't make mistakes (such as knocking down a vented chimney - that happened once and although it was on the roofer I now know I must make certain the roofers know the venting situation prior).I'll close with this - when I worked in film and was a lowly production assistant a higher-up said "You know what I like about you?

Lastly, as the point of number 3 with a lot of offers, know that there will be a lot of offers and if that is the case, your COE "close of escrow" will want to be shorten to be competitive, but those assumptions can take 30+ days to close (typically 35-40 days).

As a lender using cards is fine just make sure you have the funds seasoned (2+ billing cycles) in your account prior to engaging into a loan transaction because funds sourced from an unsecured source cannot be used as down payment or closing costs.