DSCR doesn't keep anyone ahead of any potential market dips, likely quite the opposite due to the pre-payment penalty's often associated therein.

Hey BP, I have seen some people have been asked to give a down payment just to apply for a loan (in the last conversation I had , it was with an investor who needed a commercial loan) How common is this and why is that even asked before the loan has been given, would it apply to the balance eventually? 

Michele, not know how Maine laws work, I can tell you that in Washington State that if they request a payment plan for security deposit payments we must honor it.

How much do they need as a down payment ?

Unless I am missing something, this case does not support your opinion as I understand it.Likewise, the statute you reference has no bearing on the issue.Finally, the Introduction of the treatise states:When would parties entering a contract want performance to be specifically required, and when would they prefer payment of money damages to be the remedy for breach?

Most times the salesman sells them on a dream of having a zero dollar electricity bill, but never mention how the payments can actually kill you.

You can pay $300,000 in cash for one quad, or use that same cash to buy (4) $300k quads with a $75k down payment on each. 4 doors vs 16 doors.

I can invest up to about $400K as a down payment.

The most commonly known is a non-binding offer from the buyer where the main points to agree upon (e.g. price, down payment, financing structure) are agreed upon before a more formal contract of sale is drafted.

in low price markets one can get in for 10k or so out of pocket and payments probably not anymore than rent.High priced markets you need 100s of thousands in cash and payments are 2 to 4X rent.Also how would commercial brokers ever start ?