I bought a group of 3 duplexes, and 2 single families on a no money down land contract. 8% interest.

A 15-unit building of mostly 1 bedrooms in the same neighborhood is currently under contract at 113,500 a unit.Consensus seems to be that Edmonton's future is getting brighter.

Found a deal I should be under contract by this upcoming week but the problem is I really want to put 20 percent down but if I do that will be all my money I live at home with my parents I have a good paying job 4 bills max, should I take that risk or just settle and do the 5% conventional owner occupied loan and still have some money in the bank. 

This creates a risk of sorts where if you are in the middle of a rehab or have a deal under contract, those funds may not be available.Best practice is to have those emergency funds in something liquid that can float you for some time until the HELOC's are available again. 

Got married, bought and sold a salon, quit my job and started a Contracting Company with my wife.

also if I get all 5 properties under contract how much of a discount is reasonable?

also if I get all 5 properties under contract how much of a discount is reasonable?

I made a lease option offer to a homeowner and he declined because he assumed at the end of the lease option contract (2/3 years) his house value could drop and the new buyer could only  get a loan for the new appraisal.

Got married, bought and sold a salon, quit my job and started a Contracting Company with my wife.

I'm a single dad and devoted father, been in the contracting business for 10+ years and have recently made the transition into REI.