SubTo is taking over someone elses loan.

So i put in an offer for 10% down conventional loan, $530,000 with 10k back to me for closing costs and it was accepted right away.

I might have a private lender referral that does rural loans in Mid-MO if you're interested. 

I assumed you'd use HELOC for down payment + another loan for the rest. that is 100% financed. 

Pay Down the Loan Faster:I’m considering applying $40,000 annually to the loan principal.

Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes. 

Let's use that as an example. 20% down is $43,000 plus lender loan origination fees, closing costs etc is going to push you over $50,000 cash out of pocket.

Another thought - are you considering an FHA loan on the next one?

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Hey Everyone,I have a potential investor I've been working with that is planning to use investors edge for their loan.