Otherwise, they will use $60-75 per month as the monthly payment.As you can see, it will not significantly affect your qualification.Additionally, you have a great deal with your employer so I would milk that for all it's worth.Now you just have to decide between putting a larger down payment or saving more money and doing the minimal down payment.Hope this helps! 

I tell everyone I know: if you call someone up for a job that costs less than a couple hundred bucks in materials and isn't some crazy oddball thing - patching damaged drywall from a leak is not an oddball thing; fixing a partially collapsed porch might be - and the guy can't give you a ballpark figure over the phone and says they have to come "see the job", they're going to try to milk you for every dime on the planet - because truly busy contractors that do lots of work know roundabout how long various jobs take, how much they charge for their labor, and about what the materials cost.

Thank you for taking the time to write them down for us to peruse.The things I think are most relevant to any discussion on the economy are these: 1) A debate on the economy is like the debate about weather/climate change - it changes constantly and recycles constantly. 2) The Fed can do what it wants to 'fix' the current inflation/recession/whatever, it doesn't really matter.....but the elephant in the room will not go away, that is 3) We are in a s**t ton of debt trouble and one day, I believe soon, it will come down around our ears and make a discussion like this totally irrelevant.Just my .02....nobody ever listens to me anyway....

Nobody likes the idea of needing to replenish their savings after making a major purchase like buying a house, but sometimes you have to.There's only a handful of ways to keep recycling the same money over and over again and each of those methods require additional work which may or may not be realistic with having a full time military job (as do I).The method that I am shifting to more and more in the current economic climate is to buy homes subject to the existing loan. 

If you wanted more passive you could dump it in multi family but wouldn't be able to recycle the $$$ you invested quickly(unless you have equity when buying)

Arizona recycles over 85% of its water similar to other barren geographies like Israel.

I've been able to recycle that seed money because after the rehab and refinance, I'm left with more.

Congrats - is the plan to recycle any of the capital in a refinance to do it again (purchase more), or is the 50/50 split intended to finance for the long haul?

Some people want all their money back to recycle that cash and care less about the equity they've left in the property.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.