IF the 75% falls short of the mortgage payment, then the lender will look at your financials to "help" the property pay for itself.So, what does that mean to you? 

After you're done with that you can always buy a single family to start a family in if you need to.I think it's the best strategy to get started and make a big change in your financial position!

I am still waiting on the financials but I don't think they pull 6k/month in it's current shape.

If it's "financial independence", what does that mean exactly? 

and others say "make sure you are somewhat financially stable before you buy your first property."

Financially / Cashflow speaking, solar is a no brainer if you can make this happen.

With 20% down you should absolutely be able to find a 30 year fixed rate....although, I don't know your financial/credit situation...but getting a 30 year fixed rate, especially early on, will help you qualify for more deals in the future. 

My goal is to be financially independent when I'm 25. 

This population is often ready to downsize or move into assisted living.Another is homeowners with a Low Financial Stability Score.

Hi everyone,I would like to introduce myself. I just found this website on google when trying to learn more about real estate investment. I'm looking to make connections in my province and learn the ropes.My goal is t...