They mentioned they work with lenders that provide up to 5% seller carry back but no more than that.

Originally I planned on living here for another four years before relocating out of state due to the cheap mortgage payment and the house itself being a better fit size wise for my needs than the houses I’ve been living in, not to mention centrally located.

Someone else mentioned looking into amortization.

@James RocksI'm certainly not going to contradict you, as I've been investing in Mexico and Playa del Carmen for the reasons you mentioned and some.Yet, Colombia is a great place to invest and you can make much better returns than those mentioned if you do the right investment.

Hey @Brian Barcelona,First - congratulations on saving $20k at your age, most Americans don't have more than $1,000 in their savings account, so that in and of itself is quite an accomplishment.I would concur with @John Warren, find something that cash flows and get into it!

Your interest rate might be higher and the amount you qualify will be less based on what you mentioned, but in terms of being able to get a loan I can't fathom not being able to find a lender that will give you a loan. 

I do however have a copy of an excellent list that mentions a lot of the common books, such as Rich Dad Poor Dad, EMyth etc.

You also mentioned there's a 5-year balloon (at least I think you did, I can't see your post when I'm typing this...) 

Looking at the tried and true paths mentioned in the books though seem to require more money than I have right now.

While listening to podcast #283 (which you should listen to in case you haven't), Paul mentions that when he wants to buy a house, he sends the homeowner a three-option letter of intent with the following options: Cash offer (percent of what property is worth minus repairs, typically 50% of after repair value, this is the lowest value offer of the three that are given)Owner financing (interest only, this is a higher offer)Owner financing (principal only, no interest, this is the highest offer)Option 1 is easy to understand, the ones I don't know how to apply are 2 and 3.