Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.

Look for some of those to go in as an LP (limited partner) and learn and grow your knowledge, skills and investment money so you'll be ready for the next accredited deal. 

He gives me a $20,000 down payment, and he will owe me $180k, making monthly payments for the next 20 years.

The buyer representation agreement states that the buyer commission amount offered by the seller (usually 2% to 3%) is credited/refunded to the buyer.

Use your equity without a bank  to get your next deal done. 

The ROW @ Dietz Elkhorn is a 27 duplex community between San Antonio and Boerne.

Thanks for your post @Nichole Stohler.  

Look at the pictures to evaluate the quality of the materials and workmanship of the comparable sales and align your ARV accordingly. 

Remodeling costs increase the property’s basis, while post-rental repairs are deductible expenses in the year incurred.An LLC isn’t necessary for a single rental but can provide liability protection as your portfolio grows.

I expanded the kitchen and updated the bathroom What was the outcome?