I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?

A JWB client purchased this home on 8/30/2024.

An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.

I’m here to network with as many investors as possible—whether you’re already using creative financing or just curious to learn more.

@Ramsey Doumani This is a great plan.

Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!

@Stacey OlsonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

@Chris Seveney - Chris I know you know this, but sharing this for a lot of less experienced investors out there. 

No deal will ever feel perfect—it’s easy to overthink, but the best way to learn is by diving in and taking that first step!

Quote from @Leeling Chew: It doesn't matter who pays the bills.