My huge issue with these guys (and Wealthability) is the business formula appears to be the following:Master guru sucks you in with their knowledge via books, podcasts, Youtube, seminar.Master guru tries to hire minions to re-create his success (it underdelivers)Master guru tries to scale too fast and becomes more of a salesman (clients further suffer)I am interested in learning more about this and can deal with negative reviews but the negative ones outweigh the positive ones online for Anderson and in 2023 no less, so this is an active problem. 

So I'm under renovations for my first property and I used a conventional purchase and renovation loan, not knowing how tedious the draw process would be for me and my GC, but saw it as the most convenient way to fund the renovations.Doing our best to communicate with each other to ensure a smooth draw (fill out work completed form, get inspector out, review from both HUD Consultant and lender, send for signatures, 3-5 days of processing).

Your lender that financed this project told you not to put any money into it? 

IMO, that is house hacking into a newish multi, and leveraging the lender's money by taking advantage of 3.5-5% down payment. 

Your payment is the same every month and the lender will collect more interest in this format because the borrower is paying interest on the entire loan amount from day one.

The property taxes stay with the property and neither lender would be responsible for them, the new owner would.

More important is the equityMany people will overpay to get a home on seller financing then realize they overpaid and cannot refinance because a lender may want 20% equity which could be a tough hurdle to overcome in the future if prices stay stagnant and you have a balloon in say 5 years.

The lease (with the current college students) was just renewed through their 2025 school year.I'm trying to figure out how to make this happen with little-to-no money down, as I have other 'irons in the fire' at the moment.I'm planning to offer $400-450k for the home, and am trying to structure something where a conventional lender would loan an amount that would be covered by the current rental rate (lets just say $300-350k)...   ...then, anything outside of that amount, would be carried by the Seller (for a short while)...   ...Seller financed with a ballon in 5-years?  

You should have an attorney review your contract and all communications to determine your best course of action.

Many lenders will not do a DSCR loan unless cash flowing.