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Updated about 3 years ago,
First deal, SFH new construction
I'm close to making a deal (my first) with a builder on a new construction single family home that will be a rental. I'm doing standard 20% down. Was hoping to avoid putting 20% since it will be a little while before I can get another deal. Thought I would share the numbers here. Its a good deal, I'm familiar with the rents, I manage the exact same floor plan on the same street for my mother in law. Any input or things I should consider or creative financing ideas, or anything really is appreciated. Thanks.