This discussion seems to have devolved from the original posters question, where can I find financing, to an analysis of potential over leverage, contract option outs, and the morality of entering a contract without having the money in place.the most important question to me is : is the seller doing the seller financing of $700,000 insisting on a 1st position lien or is he willing to subordinate to a small ($245,000) 1st and accept a 2nd position?

If they're interested in selling they'll call me, I'll make a deal happen, they get $But who I've NEVER bought a deal one (not due to some moral highground -- it just never worked out) is someone that put a property under contract and then pitched it to me.  

I think the moral of the story from most of the comments is not to be more aggressive and contact them multiple times.

You also mentioned moral issues. 

@Andrew Carlson are you an investor or moral police?

He proposed doing a cost seg my first purchases to reduce about 15% of the purchase but as ive progressed , ive noticed hes more conservative which theres nothing wrong with but i feel that when i tell him my goal is to pay 0 or little taxes , I feel guilty or morally wrong .

The moral of the story is in order to do this you need to remain conservative.

(I was present in the January session for a presentation by Katrina Korfman - professor at Rochester University and one of the founders of the Rochester lead program - She stated that program was successful as it "made it economically, politically, and morally unacceptable to tolerate lead exposure to our children" )In 2019 I finished my broker's license and opened LaPlante Real Estate, a full service brokerage specializing in property management.

Originally posted by @Nicky Reader:Originally posted by @Todd Rasmussen:Originally posted by @Nicky Reader:"self-righteous" makes it sound like its a moral argument.

Fair housing laws are for protecting people against racism, sexism, ageism, religionism, genderism, disabilityism and any other "ism" that is morally wrong and common criteria for bigotry.....NOTHING, John has said implies or suggest violating any of those protected classes, or any fair housing laws....so if you feel "creepy" vibe, it's probably your problem and your better off keeping it to yourself!