Bank is offering me a 4.7 APY 7-month CD which is not a lucrative offer but that would be an option.

That's quite a nice seller financing deal.

Hi David.I guess it’s good split,good environment for investing,I know bigger brokerages may limit you on your own deals.I want to use my license only for my own deals and investment.

They are big enough to have a big stake in maintaining a good reputation and have infrastructure that helps keep things running well and can deal with problems.

You will likely pay less than half the addition cost, be able to obtain convention f/f financing, will not have to do the work, will not have to deal with a construction zone, will not have cash outlay months before first associated income, etc.  

@Tristan Gardner hmm, I'm not sure if there's a good way to attach things here...certainly willing to email this to you but the below is what I use when dealing with private lenders.  

For my first deal, I guess am just afraid to invest outside my area.

I learned SO much reading and editing BiggerPockets contributors that I turned around and did a bunch of my own deals — a flip, 2 house hacks, 2 short-term rentals, and one long term.

Safe means after you have conservatively underwritten the deal including maintenance, property management, vacancy, etc it still has positive cash flow.

Do due diligence (run your numbers, find deals, analyze properties)4.