I have been very frugal with my finances since I graduated back in May 2023.To start off, I'll take your advice on saving money instead of prepaying towards the principal.

Probably it's better to not partner and go for seller financing.

How did you finance this deal?

Highlights of this multifamily deal include a substantial 20% discount, a commendable 7.6% cap rate, and favorable financing with a Freddie Mac loan.

Some may also offer a short term bridge debt option that rolls into permanent financing at a certain benchmark, saving in refi costs.DSCR lenders as I'm using it will be permanent debt financing for many investors because these loan products look heavily at the income the property produces.

Partner with a Hard Money Lender who understand wholesale deals, and doesn't have a problem financing assignment fee's.

I was wondering what is a better style of creative financing... the two options I am interested in using for my real estate investing business are either a lease-purchase agreement or a lease option.Which would benefit the seller more and which would benefit the buyer more?

Experienced mortgage broker specializing in tailored financing solutions.

As far as your financing plan, not sure since don't have details on your financials (which is fine being this is a public board).If you are living in it, why plan on 20% down? 

This is how most hard money works now Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.