It really depends on your investment goals balanced off with your personal/family life. 

It will typically show as a negative cash balance on your account but otherwise nothing changes. 

We feel like ours is nicer than that one, so we were trying to find a happy balance between thinking it's worth more yet not trying to ask too much for it.

It doesn't matter if the price is $20k each or $200k, the way to earn the best ROI is to find a deal where you put down a relatively modest amount of money, use a loan for the balance, and still achieve cash flow (and/or rapid pay down of principal in the case of short-term land contracts).

I understand about not wanting to be over-leveraged, but perhaps you can find a balance.

We only have 5 years left on a 15 year loan with a rate of 3.75 balance of 320,000 on our home.  

@Lesley Resnick I think it's all about balance.

Example , if a house worth say $200k and seller has mortgage balance remaining for $50k . is it illegal to sell that property with seller financing ?

There is funding available that would allow you to finance between 65-70% of the purchase (depending on property type)---are you coming to the table with the balance or is the 10 million dollar request a piggyback to 1st you have already secured?

There aren't an abundance of small balance commercial lenders that will entertain loan amounts below 250K---I know a couple that will though...Regards,Scott Miller