With Apartments.com I can automate rent payments, have the security deposit paid, and have tenants upload their proof of renter’s insurance.

Does the heloc still account for the down payment?

Hi Adam,Your lender should definitely know the down payment amount much prior to closing.

If lower then you'll need 10% down payment.

However, as long as payment continue to be made, I don’t see their incentive to call it on full

My family and I are planning to upgrade our living situation in a few years but we live in a HCOL (New York City) area so it’ll probably take that time to save up the down payment.

Cap Rate is 0.43%, and Cash-on-Cash Return is calculated by dividing annual cash flow by total cash invested.The property's annual cash flow is $1,268, calculated as $1,268 - $2,932 based on a 20% down payment and a 6.5% interest rate over 30 years.

I make a little over 100k a year and have 50k currently ready for a down payment. any insight would be helpful. 

Chad I find these NE states to be quite complex compared to the west coast states that are really cut and dry when it comes to these issues..

Purchase price: $370,000 Cash invested: $2,500 I'm thrilled to share that I recently purchased a multi-family property with a down payment of just $2,500, thanks to an FHA loan, alongside a generous $17,500 grant from Rhode Island.