Hey Abe, one thing I would mention is to consider what down payment would be required with the lender you work with.

Payments show up on time.

Can you try to utilize a 40yr term or I/O period to lower the payments a few bucks?

They would provide you with the terms befitting your situation, you would agree to the terms, pay for down payment, closing costs, appraisal.

And everything digital can be accessed or hacked. 

Most work this way: Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.

How much down payment should I prepare?

You'll need a down payment which is negotiable between you and the seller. 

Hi John, lender here - it really will just depend on your debt to income ratio which is the percentage of your gross monthly income that goes towards paying your current debt payments.

Knowing interest rates are crazy right now and cash flow would be minimal anywhere without an extremely large down payment, I have thought about and am fortunate enough to think about purchasing an investment property 100% cash.