Be sure that you highlight that "selling your house can be easier than you think" with the advantages of working directly with you instead of the more traditional route.Good luck

It's advantage is you are into a new project way faster than saving up for traditional 80% financing. 

Another get Rich Scheme with no money of your own.Next people are going to want free medical and free college and not have to work for it.

There are a lot of lender options out there, traditional lenders(DTI and income based), hard money lenders(short term, high interest rehab loans), private capital(Debt service coverage*DSCR ratio and credit based) and commercial lenders. 

Generally if you had a hard pull done on your credit (which happens when taking out traditional mortgages) your credit score will drop for a little because of that and then come back up in a few months or so.Best,Paul

I purchased my first property last year, a duplex, with a traditional mortgage loan.

Roughly $190K is financed through a traditional mortgage.

Is it best to just take out a traditional mortgage with 20% down?

Thisniant really real estate in the traditional sense but I’m buying a sailboat in Sausalito CA and plan to sail the boat up to Seattle WA, where it will be permanently kept.

There are so many options here, but alternative or non-traditional options usually come from creating a strong network of friends, family and industry professionals.