Problem here is if it doesnt and you cant purchase the property then you have only delayed the sellers goals and thats not right.

If not, make a backup plan in case your closing gets delayed by weeks or even months.

Real estate agents in general have a tendency to say that a property has positive cash-flow if it covers debt service and a minimal amount of vacancy and often ignores maintenence all together.

This minimizes my risk and does not bind me to buying the home legally.

One lender needed 3 months seasoning, another needed 6 months which delayed the sale.

In my reply, trying to empathize with her, I stated that we weren't completely satisfied with the program, the coaching system, but that we can still get something out of it, even if it was minimal.

When you put it at 100% financing, definitely kills all the cash flow which was minimal.

That way you minimize the risk of disputes down the road if everyone’s role is clearly defined up front.

Taking a 40 yr mortgage will give you a little more cash flow but unless you get a substantial discount on your interest rates the cash flow will be minimal at best, where as you take a 15 or 30 yr mortgage you will have more equity sooner so when you do sell you will profit moreexample on a $150k loanon a 30 yr loan at 7% your payment will be $997.95in 10 yrs you will have built up at least $21K paid off40yr loan your payments will be $932.15in 10 years you will have $10K paid offso IMHO that $60 extra in cash flow is not worth the 10 extra years...

Arguments can be made for less than 30% if the value of the house is high enough and/or repairs are minimal.