If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

I'm an investor and mortgage broker and have options for loans that go as low as $75,000 and down payments as low as 15%, which makes it easier to stay above $75,000.

Do they use a servicing company to make the payments directly to the , or do they make payments directly to the seller and hope they pass them on to the lender?

Focus on cashflow and growth, earning money for more down payments on more properties.

. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

It was a bridge loan, 8.25% interest only payments for 12 months, 2 points.

My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.  

Get the siblings on board to take payments for 15 years at 6% interest.

Quote from @Christine Song: Has anyone invested in AAA Storage growth fund or PassiveStorage.com?

I weigh more on making 3x rent and having great rental history of on time payments with no evictions, no lease violations or violent criminal history.