@Heavy Crowns Partnerships can often be a great way to get more done faster, however, I will echo the previous comments and say that you should have legal agreements in place to plan for the unexpected.

If you want to buy more than one rental, then you can scale faster w/ 30 year loans.In the world of real estate, cash flow and reserves are king. 

The closer you get to 20%, the faster you can lose your PMI, which can be a real pain.

Having conversations with potential investors could be slippery, but in the end it is you who is growing the passive investors money faster than any other financial vehicle.

Feel uncomfortable Submitting an offer should make you uncomfortable (for how low it is) All cash Remove financing contingency Remove inspection contingency Close faster Give two offers 150k now all cash OR 165k with financing (good negotiating strategy) More earnest money Provide your pre-approval letter with the offer Include an escalation clause Automatically offer $500 more then the next offer up to a certain point.

Basically, we're drastically reducing our standard Mortgages on our 6 properties (>$1.62MM) and get to owning Free and Clear faster while providing a source of capital for buying more.

@Brian Garrett yeah I agree I wanted to make my offer appear more aggressive with a faster inspection period but truth  be told he is going to be using a 1031 tax deferred exchange account  and those deals take some time so I figured I would be able to wiggle some more time out for inspection if I really needed it. but I have an amazing apartment manager and a really good experienced contractor that should be able to get everything done in 15 days usually I do ask for longer ....  

You can find down payment assistance programs for 6-10K here (SFR and 2 UNITS ONLY): https://www.ihda.org/my-home/getting-an-ihda-loan/Stackable with the IHDA program, for DuPage county, the county offers up to 3K and this program up to 15K for down payment assistance (SFR ONLY):https://www.homedupage.org/For the single family homes (or in your owner occupied unit of the 2-flat), rent out rooms to potentially eliminate living expenses and generate cash flow to fuel your next investment.

It's nice to get rental help to pay it down faster.

The faster money moves the faster it grows.