These numbers are approximately and based on financial institutions that I contacted and gave me quotes. 1. 220k x 3.5%= $7700 downtenants pay: 1200 x 3= 3600 mortgage: 1387 (tax, PMI, etc included)water: 170cap x: 200 (appliance depreciations, repairs, etc)loan: 176 (10k loan; my personal loan obligation) PROFIT: 1,667 mon. (20,004 yr) **I could save 6 mons from the profits and pay off the 10,560 from the personal loan.Property 2; I would write and notarize a contract up between me and a relative or close friend that will state that if they apply and qualify for a 30k loan which their monthly payments will be 528, I will pay them 10k over 12 months (834 per. mon).

However I have a fully rented triplex I recently bought for 28k and didn't put any work into it, it has gross income of nearly 17k/yr and a NOI of a little almost 10k/yr So it's a pretty good deal for cash flow.

@Matt Bacenet I have a few turns keys and a few in my pipeline that will be ready for sale in 1-2 months.

Alaska is an awesome place and a great place to invest.

Even then you run the risk of the appearance of a conflict, and the resulting potential lawsuit.The conflict arises because of the different legal roles of an agent and a principal.  

Message me if you want details.Missouri law requires that I disclose that I am the owner and a licensed broker.

I'm 25 and have nothing but a part time job and a bus pass.

The foreclosure law firms also use the Daily Record and a handful of different sites to publish their required notices.  

@James ManessAnother option is to open a self-directed solo 401k if you are self-employed and process the transaction and a solo 401k is generally not subject to UDFI. 

And, as you suggest, focusing on the first deal, not 2nd 3rd etc... 20-30% is just to much RIGHT NOW for a buy and hold, unless I get that down payment wholly or partially financed, OR I do NOT hold but plan for an exit as I've been recently been thinking like selling it somehow before the balloon or option period come up, however I acquire it.