Interested to follow this.

Do most investor do this?

If not, pay off the mortgage all at once.This will help keep you from rationalizing a bad rental purchase just because you earmarked the funds for it. 

you cannot realistically buy real estate when you have no personal funds.but what you can do is work to put a partnership together where you find a money partner and you guys do a JV  money partner you do the work.. this can happen if you find someone who takes a shine to you and wants to help U

Hi Harris, thanks for posting as I’m sure that there are a lot of BP members that are interested in this service.

This will also make your cash-on-cash return go down.

Given this is first investment, I would like to keep it local.Any suggestions on neighborhood with good rental cash flow in Middlesex county ?

I mention this as I have seen some people want to sue companies because they were a sponsored affiliate on a website…Regarding the original post- expect 10-12% (I think latest I saw is avg is 11.5%) rate plus atleast one point for a 12 month loan.Bigger companies may take longer for approval and can be more flexible usually in down payment amounts.

This ensures the landlord is notified any time the policy is changed, canceled, or renewed, making it easier to track without relying on the tenant.The difficult part is enforcement.

I just do not want to take this possibility off the table if it could help us really get moving in terms of number of doors we have rented out (a 2/3/4 door rental is an exponential increase in our cash flow, compared to the single family home we are planning to buy first).