Since it sounds like you've already negotiated price and terms, you'll need to attempt to renegotiate the closing terms, and if possible the conditions present to trigger a closing. 

When I went for the one on one all of the financial information that I gave indicated that there is no way in h.e. double hockey sticks that I should be attempting to acquire additional debt at this moment.

I will ATTEMPT to show the numbers he gave.

This memorandum should cloud the title and should be easily discovered should the seller attempt to refinance the property or get a HELOC. 

Here's my attempt: Location: St.

Having a little trouble with financing at the moment because my personal business is so new and I'm attempting to buy in a different state...

Attempting to look into the next chapter of my life, it was nothing but a haze.

Because of this I will not attempt anything even close to an RTO here.

I have always saved up enough to put 25% down on a property and never attempted to use HELOCs or other creative financing in order to get into a property.  

Further, the compliance with Reg D will shortcut any attempt by attorneys for disgruntled investors claiming that their client purchased unregistered or illegally issued securities.  10 years ago the state of Texas, as well as many other state regulatory agencies, did not consider the sale of fractionalized interests in mortgage loans to be a sale of securities.