I'm sure the tenant wants the basement renovated... and the kitchen... and the upstairs bathroom.... newer windows will help with energy costs.... the technology in furnaces is improving and it could make a big difference to replace with new.... on and on.

(try Power Prospecting)Get the DEAL and the TEAM  will materialize.( Controlling real estate with a skinny contract is a powerful leverage tool.)So when you talk to a title company - all they are going to do is quote you a price for settlement based on your contract.

orOption 2:  Collect it with other excess CF, and spend it to reduce the cost (increase CF) of the leveraged money on a future property?

The reason I'm seeking lending is like many investors, I'd rather leverage capital and build relationships with more lenders, so I can do more deals!

It is likely possible to obtain some sort of bank financing if seller financing is not available, however this is deal may not the best use of your financial credit leverage.

We are putting down a rather large down payment being conservative with leverage so I realize this does not help our CCR especially if pre debt service.The vacancy in there comes from a CBRE report and is what the agent told us also.  

When an IRA engages in a trade or a business on a regular basis, such as flipping houses, a tax known as UBIT applies.So, a leveraged flip is pretty tax intensive under an IRA.Note that passive earnings such as interest or rent from real property do not have these tax implications.

Now I am looking to leverage myself into some buy and hold multifamily or possibly SFRs.

:I was talking more about the process of how to best leverage our money and financing.

I am undecided as to how to best leverage the $45,000.One scenario - use private money (12-18 months) instead of using $45,000 to purchase my parents townhouse currently worth $190k, I would offer them $140,000 and while I wont make any money with my parents living in the house, the equity will give me the opportunity to withdraw funds in the next 12 months.