Hello BP community,I am currently trying to figure the best way to purchase my first investment property.It is going to be a single family home.I'm curious of how investors usually finance this type of property.Do you usually always put 20 percent down and finance the rest ?

To buy a house I am going to put 20% cash and the rest I am going to get a mortgage.

Once you're done with the calls you can go about enjoying the rest of your day without thinking about it.  

it's really difficult to tell you every single thing that i look at. i have lots of experience so i can just make offers based on the listing pictures. even if it's just a single picture of the front of the house. that's cause i buy similar houses and know about how much it would cost. but i have a lot of experience, so nothing phases us.in addition, when you have a checklist, the agent will know you are not experienced and will question your ability to close. big things are - kitchen, bath, electrical, roof, concrete.the rest is child's play.good luck.

Which is why I thought about using a HML to get me the rest of the way.

Having allowed this to sink in, my mind is at ease and I know exactly how I want to live the rest of my life.

@Andrew Alvarez It all depends on the rest of the criteria!

If you have time please send me a message and let me know what features you are looking for and I can give you an idea of what we are planning for the rest of the year.  

It is now tough to get positive cashflow around sacramento because of the high prices but at least rents went up at the highest rate in sacramento compared to the rest of the nation.

Under that formula my house should rent for 1908 (which matches zillow rest estimator) and would go for 2250 with the added bathroom.