As you’ve already seen, it’s very hard to find cash flowing properties on the West side without a massive down payment.  

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I met an investor in a REIA meeting who paid 10k for down-payment on a duplex. 10k wasn't her money.

I had been with them for 18 years and paid off mortgages, never missed a payment, never had a problem, etc.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

To scale, I plan to build a reliable local team, leverage 25% down payments, and use strategies like HELOCs or cash-out refinancing for future acquisitions.Good luck!

Hello @Liam Alvarez,You don't need any apps to select an investment city.

I've been doing a deep dive looking at cash on cash return for various down payments and expenses on properties with a mortgage.

However the property has a freeway behind it and hence no rear neighbors /more privacy.You’re going to see low or negative returns with minimum down payments in that area unless you’re going BIG as in much larger homes and much heftier budgets for design/amenities.There’s great cashflow on the Clearwater/Largo/Seminole/StPete side - you’re looking at 2 high cashflow buckets that I call Tier 1 and Tier 2. 

Attorney FeeHolding Costs:1.Loan Interest Payment 2.