Before, negative cashflow was a good thing because I was still "paying down the principle".  

@Ann Bellamy your web sight is very informative.thanksDon  

We are in New Zealand so buying sight unseen and it will become a rental after he buys more property.

I'm using this sight to hone in on where to start.

So the only way you're going to be able to finance is if the market goes up or you pay down the principle.

This looks like an active and informative sight and I'm excited to be here!

If your fund exceeds 250k do you break it into two accounts in two institutions or you don't worry about it because you don't fund it until you have a target property in sight?

Nothing, however, will protect you from yourself if you don't carefully educate yourself and take the time to research an issue and understand fully the underlying principles. 

I think taking loans at 7-8% interest payments monthly, with the full principle either rolled over or paid back in 3-5 years is a great deal for folks, easier on your accountant & allows you to maintain control of your business & get the extra capital you need.

Hind sight being 20/20, I could have learned just as much, just as quickly here on BP.