Rents    -   Expenses    =   PITI    RevPMT(PITI)     Property Value 2500        400 2100        = 420K When I do this, I start by assuming zero cash flow to see what the value would be and then add, in my minimum acceptable cash flow.

We assumed it was empty and no issues.

It will be paid off in 8.5 years at which point we assumed it would make the break-even periods worthwhile.

I'm assuming since they're local they'd be more willing to listen to my situation. 

They could still get the bonus if they spotted me on the mortgage payments, but they pulled back because they assumed the worst of financial troubles.

Assuming markets only go up. 

I try and treat all my investments like my business all the time every day because I'm sure most of us who have been in this for any length of time recognize tenants can be very crafty.Hate to say it but when it is applied keeps you focused " always assume a tenant is lying!"

I'm assuming your credit score dumped to **** because of your utilization rates, so opening a new card with 0% isn't an option.

Is it safe to assume If the Deed does get issued to me then I’m good to go?

Therefore, you can give your father his money, in full, and not have any downpayment, and be in a 30 year fixed rate (assuming you and property qualify).