Negative cash flow on a 100% financed deal ?

[Philippe Bellerive]

I am looking to buy a property that would be 75% financed by a bank and 25% with a private loan.

Because of that, the cashflow of the property would become negative. It would cost me 20$ per door per month. (considering very conservative numbers)

Can this still be a good deal for me since I put 0$ down ?

If I consider that I would of put the 25% cashdown myself, it would make 60$/door per month (and that is with, once again. conservative numbers, so it would in reality propably be more like 80+$/month per door)

[Jacob Sampson]

I don't understand the purpose of buying real estate that doesn't cash flow.  Can you give more details on the numbers so we can see how conservative they are?  Finally, you want to be shooting for $100/door minimum.

Keep in mind that how much you put down is reasonably important but if you are having to reach into your pocket month after month you are putting more than $0 into this deal.  If a roof or some other item goes bad and you don't have the cash to replace or you get some bad tenants that do damage you could have quite a bit of your own money in this deal.