i agree that a new purchase at 75% equity will typically not have significant cash flow and may even be negative when properly allocating for all expenses.Investing to max equity without reserves is risky and you indicate would result in stress.  

Let that propel you forward at an even faster pace.

Facebook is the last place you want to find private money. whats unfortunate is real estate professionals are still advertising to us newbies Facebook is the place to find the lender.What’s even more unfortunate, @April Smalls, is that newbies are falling for it.A few years ago, someone created a fake website that impersonated our company.

It often delays or even halts the project.

Tell the PMC to screen *thoroughly* for quality tenants even if it takes a bit of time.

. - cash flow is difficult now with long term rentals even if you pick markets that have lower purchase prices than Boston.

As far as lenders, if I don't get the numbers that I'm looking for, can I go with someone else even after they have done a lot of work like appraisals and surveys?

While it will likely give you more confidence and answer a lot of questions, I would say that talking to a seasoned investor, or even agent that works with investors, is a way better idea than spending 8K on something that you don't know too much about, especially before your first deal is done.

As a 100% disabled veteran, I’m exempt from property taxes on such properties, which makes this strategy even more feasible.

I bet not many sponsors who are leaking oil would even consider that.. etc etc.. thye video'd it so you can probably ask them for a copy of it.