For a house hack with a first time buyer most will use a fha loan which allows for a 3.5-5% down payment.

You have no appreciation upside potential.I believe they haven’t missed a payment since they started in 2007 or 2008.

With Apartments.com I can automate rent payments, have the security deposit paid, and have tenants upload their proof of renter’s insurance.

Hi Adam,Your lender should definitely know the down payment amount much prior to closing.

Cap Rate is 0.43%, and Cash-on-Cash Return is calculated by dividing annual cash flow by total cash invested.The property's annual cash flow is $1,268, calculated as $1,268 - $2,932 based on a 20% down payment and a 6.5% interest rate over 30 years.

However, as long as payment continue to be made, I don’t see their incentive to call it on full

If lower then you'll need 10% down payment.

Does the heloc still account for the down payment?

I make a little over 100k a year and have 50k currently ready for a down payment. any insight would be helpful. 

Purchase price: $370,000 Cash invested: $2,500 I'm thrilled to share that I recently purchased a multi-family property with a down payment of just $2,500, thanks to an FHA loan, alongside a generous $17,500 grant from Rhode Island.