Obviously no one has a crystal ball and knows for sure, but since you would be here for a few years, keep in mind the refi process with a VA Loan which is an IRRL, is cheap and simple...so even if you buy now with no money down, use your $15k savings for some value add to the property, and then rates continue to decline, you'll be able to easily refi with a VA IRRL and drop your payment anyways before you go transition to LTR in the next few years.Lots to think about, plenty of ways to go about it, not right or wrong, just depends on your needs so reach out if you'd like any guidance...

Couple hundred bucks a door monthly cash flow, double digit ROI, and yes the prices appreciate and you build equity.

After 5 years you will need to refinance or balloon payment.

Things were going bad from day one however we wouldn't be aware of it until late 2017.It started when 1 of our properties got burned and when started an insurance claim learned that the policy the management company has purchased for us wasn't covering the cost of property purchase and their savings of $20/month cost us loss of thousands of dollars.That was the start of our awakening and we started checking all that was taking place and we have questioned all the different bills and reports that were provided to us, during that we learned that 2nd of our properties was abounded by the tenant and the months late rent payment wasn't questioned by the management company, not only that but thieves had broken in to steal all appliances and vanities, created damage and leave the property completey vandalized, a squatter had taken over the property and we had to go thru eviction process.Needless to say we have dropped Mousa and his so called management team (Omar and Wanda) and hired another company to take over and conduct a full due diligence on our properties which helped us to find out that on a 3rd property the management company had failed to fill out correct paper work and the tenant was not paying her utility bills for months and that mistake of paper work forced us to settle thousand of dollars past due bills with the city, that's on top of the fact the tenant was way past due on her rent, this property was so badly maintained despite the fact we have paid thousands of dollars to Mousa and his team for various repairs they have reported and invoiced for.As you can imagine the poor management of this company had caused us nothing but losses that are at this point estimated in tens of thousands of dollars.It is clearly our responsibility of not checking this company in details before engaging in business with them, however it is this company lack of responsibility and management that caused our losses.Be aware and check them thoroughly before engaging

If everything goes well  on a TK you get back down payment in about 7-8 years. 2.If challenges arise payback could be 24-30 years. 

Thats alright, for my first investment I'd really just like to cut my mortgage payments down so I can save money for my first true investment property. 

Hi.I am looking for a smaller, around $50,000. line of credit to be flexible for down payments, construction cash, and/or just to have in case of unexpected repairs. 

This second property also produced an income equal to a months rental.So it depends on the ARV, the rent/building value ratio, down payments and how much the mortgage are.

It is his primary source of income (held in an LLC) but is paid off and he's considering selling or pulling money out for a down payment towards a new primary purchase.

I am ok with some payment but do not want to pay a lot as I am still learning this area.