I know commercial loans come with more complexities as well such as higher rates and balloon payments.

Usually good to have 20% for a down payment to start. 

I also want to to start investing with my brother and father we are about to close on our first deal. we figured between the 3 of us we can save up for down payments faster and spread the risk as well.

I have a 30-yr fha fixed mortgage at 3.5%, with PMI of $256 and monthly payment of $2,595.  

A person can probably afford a 20% down payment on two properties in a place like Austin, Texas, but I think two properties might not be enough to live off of.

All the debt goes and you have enough for a large down payment on the cheapest 2-bedroom single-family home in a passable rental area with a decent school district that you can find.Small mortgage payment, no debt, low taxes for the next eight years, until she finishes high school.

Should I take 30,000 cash and buy a single family two bedroom in Enfield Ct or should I take the 30,000 and put it towards three family in New Britain the house is not on MLS and they want 146,000.00 decent shape. In ...

Has anyone used Zelle to accept rental payments?

@Kyle Jones if you have any sort of LOC you can use that money for your down payment so essentially you have used other peoples money to purchase.

My thought process being that using a balloon payment that is amortized over 30 years will greatly increase my cash flow without crippling my capital and ability to invest in another property.