I have amazing credit (760) and zero debt and I purchased 2 homes this way.

To their credit they do say that Roth can be complex.

Typically when you run into a grown adult who doesn't have a bank account it means they have atrocious credit.

If you’re talking about doing this as a business, you’ll need a far larger commitment to marketing.   

@Marc HalpernI use QuickBooks Online (QBO) for my flipping business, rental businesses, and bookkeeping clients. 

Its a business - treat it as such.2.

Financing costs get their own bucketPoints, underwriting fees, appraisal, inspection, credit pulls, all treated as loan costs so they’re amortized correctly.

When you sell the land and now have a note, the financed amount is then added to the balance sheet, as a debit, the credit is the land value and the second credit is a contra-account called Deferred Gross Profit.

I’m trying to learn to create my own real estate investment business.

Then work backwards from there to fill in the pieces of how Real Estate can take you on that path.Also, RIGHT NOW, start establishing a credit line.