With the 5% down, our mortgage payment would be about $5711 a month.

I assume I should be looking for low down payment loans.

If you do be prepared to have a rate of 9.50% or higher which in most cases would be a higher payment than if you simply refinanced and lost the 2% rate.You may also have road blocks with a HELOC that a cash out refinance would not have due to cash in hand and one loan. 

Let’s say you finance a 750k loan your payment will be around $5k/mo just P&I.

And a second one for $7000 where I got about 3 months into it and did the live calls but could never get my questions answered and finally they were just pressuring me to buy properties that were several million dollars and telling me I needed to figure out how to borrow $700,000 or more dollars to get the down payment and I just quit.

My $10,000 was not enough for a down payment in my market so I became an expert on the market, got great at analyzing deals, and started networking.

Details: Current mortgage is $480k at 2.625%, $3,400 monthly payment. 

I also try to be really clear with the MTR tenants I have how things are going to operate during their stay so there is no confusion when they are staying.This includes describing if there will be mid stay cleans, mid stay restocks, payment schedule, etc.

Gross income 2.5X rent ($X,XXX/mo), no evictions, no violent crimes in 5 years, no late payments in the last 12 months."

Close relatives buying rental property together but one person (myself) will be the operator with down payment help from family members.