Purchase price is too high, Rents have not caught up... unless I find some great off market deal and in that case I would most likely flip it,  If you are young and want to play the appreciation game I am sure you will be better off 30 years from now but I don't have that much time.

What's up Jason, I invest in Burlington area, my recommendation would be "learn how to play the game".

When it comes to down payments there are so many variables that come into play. The

If you don’t have a realtor that can play the game, you’ll get stuck over-paying to get in the game and possibly end up with negative cash flow one day.  

I think Cosby has the potential to explode in price appreciation, but that is a longer-term play.  The

However, you have almost year-round demand and can also play the equity appreciation game. 

Lesson learned.Unfortunately, it sounds like you walked into someone who knows how to play the system.

Ask the seller to refinance the property with a one time assumption agreement with the lender - assume the loan - seller gets his cash and you get a nothing down deal.Hard money is OK (but dangerous and expensive) and so is creative financing - you'll know what is best, every deal is different - now go play the real estate game and have fund while learning and profiting - always make full disclosures and don't be greedy ---!

I think they all play the game where they call you and have you reschedule for the morning so they can have the afternoon off. 

The more roles you can play, the higher your return can be.