I have ~$100k in equity and have a 3.2% interest rate.

  $300/mo in cash flow on $350K in equity means you are getting only a 1% return on your equity. 

They have mortgage insurance premiums, while with conventional loans you will need to pay PMI until 20% in equity.

😀So I speak with some actual first hand investing experience.It’s is never as good as some think and it is never as bad as some think.While some big name syndicators have crashed and burned, the truth is this only represents a small share of the market.The overwhelming number of MF properties are owned by long term owners with fixed rate debt and Billions in Equity - those people are not in trouble.I believe perhaps 10% of the MF stock is owned by syndicators.

Down payments are a good thing for you, put as much down as you can. what if i can purchase property at a discount so theres some built in equity?

50k in equity, 5k in my pocket and $600 a month in cashflow.

If everything goes perfect it seems you will create less than $100K in equity.

You have $710,000 in equity.

As a matter of fact, I just bought a triplex off of the MLS that is cash flow positive and will have about $75K in equity when I'm done with rehab.

Bought the house with built in equity.