Additional Insureds may be listed on claim payments if they are also a Loss Payee.

I have $20k budgeted for a down payment for investing in real estate in 2024.

There is no pre-pay penalty; however, a monthly payment would be due.  

Not sure if you know or not, but the 203k has an option where you can wrap up to the first 6 months payments into the principal of the loan.

Or, should i take $40k to $80k out for a down payment on a rental property?

One of these "friends" never left the condo and lived there for 5 months payment free while the neighbor was paying all dues on time to avoid lawsuit against him from the association and management.

I was curious because I won't be able to have down payments and planned on using what I can affect, the purchase price, to spend most of my time into finding houses using wholesaling strategies to try to get the total loan amount at or below 70% of the ARV so that I could maybe avoid the down payment.

If we move away from a commission payment system, it puts a serious crimp on the agent / client relationship.

Add the principle for the next payment and you save that payment.

My goal is to use the least amount of down payment as needed.