By using this, you no longer require a 3rd party Registered Agent (ex.

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

If you're a lender, I might have some borrowers for you depending on your U/W requirements.

@Yinna Wang Make sure whoever wrote the policy knows that one unit is being rented because there may be additional requirements.

The few places I have been interested in honestly looked like they would require cosmetic work only.

A lot of places up here in WA you must have cause for a lease non-renewal.Check your local laws too, a lot of places require proper notice to be given prior to lease non-renewal.

I see a fixed rate product advertised here on BP but not a HELOC type of product, where you can draw and repay on commercial property.With the DSCR loans, the lender requirements will change from lender to lender.  

I agree with the notion that one needs to define his or her goal with regard to real estate and making a living of real estate alone would require lots of it, but cash flow for the long run is almost inevitable.

They city required that I replace the best sidewalks in the neighborhood under the program and the cost was substantially higher than estimates I obtained on my own. 

The requirements from projects/jurisdiction's varies greatly.