Even at $60,000 a unit - that is a $1.2 million deal... and realistically I bet they will be over $100,000 each... all just a guess... but when you get into these price points and you are "new to real estate" as your title in your post suggests - I think you are probably getting in over your head for a first deal.  

I’ll bet if Peace has a forum there’s people talking about BP and being negative “what they’re teaching takes so long!!”

I am betting 0. because anger and blame is easy.

To me, if you aren't at least maintaining 0 cash flow, you're betting too much on appreciation to the investment work. 

I work a lot with investors outside of the US from a tax perspective but from a mortgage perspective, as mentioned above hard money or DSCR is probably your best bet.

I am betting you didn't put this (or the other ones) home on the market to then become the bank for someone who only has a couple thousand down and no credit instead of selling to a verified buyer, right?

I bet this person paid less than a grand for the rights. and will want 10k from you...

I bet, when you started investing,  this day seemed so far off it was silly.

But I wouldn't be surprised to see us settle in the low 6.00% range.I have some aggressive bets in stocks and long duration bonds that will benefit if/when that happens.

I think it’s a great idea for BP to add a second and third loan option on the calculator as with prices and interest rates being higher I bet a lot of people are using these options now.