Pro tip--make sure your exhaust fan in the bathroom is vented to the atmosphere--meaning out to the outside.....go out the roof or out the side of the unit or secured to an opening in a soffit vent grille off the house. 

Are there banks or financial institutions that would grant a loan at less than 25% down, say 10% for someone with exceptional credit? 

After COVID applicants were having to submit 10-15 applications on average in my market to secure a rental meaning they might pay a whole months rent or more in application fees!

@Meena MallikFrom my experience, securing financing for commercial real estate involves understanding your options, such as conventional loans, commercial loans, private lenders, or partnerships.

For example, the most important job of a property manager is securing reliable tenants—those who stay for many years, always pay rent on time, and take good care of the property.

What about the security deposit? 

The premise proclaimed at the start of this thread is simply not supported by mathematics with the exception of the specific case where the interest rate on the HELoC/secure LoC is sufficiently lower than the rate being paid on the mortgage.

Quote from @Jaša Rot: Hello Marshall,thank you for your reply.my idea was to sign a trust deed and promissory note with the borrower so that the loan is secured by collateral.

I’d recommend running cash flow scenarios on any potential deal to ensure it aligns with your financial goals.If you’d like help analyzing properties or securing financing, let me know I’d be happy to assist.Best,Drago

A friend of mine rented her property near a base and connected with military housing officers at the Family Support Center, which helped secure steady tenants.