Ability to repay - can you as the borrower afford the payments based on the loan amount.Typically they will not take into consideration the mortgage on a new property that has not been taken out as that is new.

In this type of situation, they want low interest rate with low down payment also.

The longer term loans would have lowered your monthly payments and decreased the costs.As for rent, each year you need to look at rents in the area to decide how much you will be increasing the rent by. 

If you have extra cash at the end of the month, then do double up payments on the mortgages so the principle is reduced and this will increase your heloc room.

It can take 2-3 months before payments get approved. 

If borrowing, use a non-recourse loan since personal guarantees aren't allowed.

I’m close to saving up for a down payment but it’s taking forever!

I had specifically asked for numbers including mortgage payments and they emailed to me.

I did my research and requote what would benefit both me and the investor, below is the Finalized CORRECT format of the proposal:Listed price on the property: 459,900MAXIMUM amout of money down on the property: $380,000Method of Payment: CASH OFFER from Investor.

Both of these allow you to low down payment loans to buy a primary residence with fixed interest rates.