I have spoken to some other hard money lenders and most require 10-20% of the purchase price as a down payment.

If they made one that looked more like a traditional lockbox, or if erentallock offered a standard lockbox, I would immediately begin purchasing those as well. 

I started my real estate investing journey this year with the private purchase of a off market house that went awesome.I then found a interesting triplex/warehouse property, went and looked at it with the listing realtor, crunched the numbers and decided that it made financial sense.

and then a commercial lender the rest of the loan to purchase?

How did you decide on a fair purchase price looking forward a year of two?

Congrats on your purchase and on getting started in MTRs!

Depending on the area you purchase in.

Above all, if you decide to remain in Boston for the next several months but decide on Atlanta as an investment market, you should ideally visit the respective markets several times before making a purchase.

High purchase prices, need to choose right areas within a market.

My partner didn't have good credit at the time of purchase so her income isn't a factor for the HELOC because she isn't on the mortgage or the deed.