I paid off the seller and gave them $500k in “cash” from my reserves and closed on Friday. 

You need decent credit and some skin in the game. (15%-20% down + pay for closing costs)Typically when investors call me i will go over the numbers with them right on the phone and verify the deal fits our box / give pricing, then I'll take the time to do some comparable sale research to verify if your estimated ARV is within reason. 

Sellers are offering to allocate funds towards buyers closing costs.

Hey Matt, I am shooting you a text now about Northern Ky (Not Louisville, but very close to Cincinnati)

If you have the downpayment and closing costs, sure you can.

You just enter the tenants info and then we automate the entire process of setting up the correct bank account, sending receipts, paying interest, and closing the deposit at the end of the lease.

Cover all closing cost and keep difference.

Hi everyone, I am new here to BP and have just made my first investment purchase in the North Collinwood area, close to Waterloo.

Does someone have a recommendation for an attorney (prefer Central Texas area) that is familiar with the structure of this type of transaction and can walk thru all necessary steps prior to finalizing financing and preparing for closing? 

We've closed several millions of dollars in real estate deals over 25 years, and our BEST EVER have all involved seller financing!