If your looking at deals under $1M (loan amount) you will find the national lenders do not typically have an interest and your best option is local banks and credit unions.

Would seller financing count on my credit report to make it even harder to obtain my next loan/mortgage on.

I have great credit (717 last I checked) but no income. 

I hear that they look more at the property and banks look more at your credit and experience but do usually have lower rates. 

@Ryshawn CousarI use Chase for a credit card but have my business checking with a smaller local branch. 

I need a recommendation on a Hartford CT area credit union or bank that will work with investment properties. 

The seller is very motivated and he wants to save his credit from a foreclosure.

The seller is very motivated and he wants to save his credit from a foreclosure.

The seller is very motivated and he wants to save his credit from a foreclosure.

I would look into setting up a trust so the legacy goes beyond your mom and you, check options to convert the 401K into another instrument if that is still possible, look at something other than a mortgage and let me maybe show you a strategy called 3CX that would allow you to develop a constantly growing portfolio using a combination of reinvestment of cashflow and using line of credit financingI'll send you a connection request so we can setup a phone call if you are interested.