Most of all the investors up here started with little to no money and still made it work instead of spreading negativity.

The property doesn't come close to cashflowing, but the negative cash flow is still less than I pay in rent and it would cut my commute in half and give me some tax benefits.Your thoughts?

You can  then narrow down the statistical probability of them doing business with you.You can blanket an area....but you are just throwing mud against the wall...to see what sticks.

Long term this will always be a negative cash flow property.I would sell but not sure $330K properties will cash flow either.  

They don't check your income - They'll finance in the name of an LLC, not your personal name - Up to 75% Loan to Current Value - Only negative, they do add $5000 in loan fees to the loan.

However, typically when I run the numbers on duplexes I am interested in, I am cash flowing negatively by around $300-500.

Any surprises will wipe out some / all your equity as you may be forced into a fire sale or keeping a Negative cash flow property.

The problem is...statistically, the chances of you keeping this loan longer than 3-5 years are very low...the only one that makes money here if you put down 15% instead of 20% is the lender...you save nothing and the $8000 will be consumed into another expenditure that will bring you less than it will if you put it into this transaction.  

You would want to do full cashflow and COCR/ IRR calcs to really make your decision.2x $1800 rents  $900 rents if owner-occupied 280k, DP 56k, Fin 224k; mo pymnt $1,069; negative $109 before expenses3x $3795 rents $2595 rents if owner-occupied 375k, DP 75k, Fin 300k; mo pymnt $1,432;positive $1163 before expenses4x $3100 rents $2400 rents if owner-occupied 395k, DP 79k, Fin 316k;mo pymnt $1,508;positive $892 before expensesTo me without really doing a full analysis, it looks like the triplex with these numbers gives you the best result.

Now over a month into the process I'm being asked how I xpect to get 100% financing in relation to having a negative $90K net worth due to my primary residence being upside down stemming from the market crash.