Do you have savings besides that?

Purchase price: $220,000 Cash invested: $30,000Currently house hacking.

Purchase price: $140,000 Cash invested: $24,000 Sale price: $220,000 I knew from the start that I was going to buy this property.

How will the partnership cash flow cover the HELOC payments if interest rates increase?

Very disappointing….SAVE YOUR MONEY. 

Plus, if you aren't able to get approved with what you've got now in terms of savings, credit, etc. you can learn on what you need to qualify so you know what to be working towards. 

I just don't think you can expect a property to cash flow when you're putting 3.5% down.

But, once you do build some wealth and have a high income, you realize how much you can save/make by owning the right real estate - numbers that far exceed any cash flow you might make on a property. 

I don’t have a loan on the property and hold it cash, but, if I sell it would lend the profits as hard money and earn 10%+. 

I did save some money to have as back up.