Mortgage payment is approx $1800.

I do have equity built up in my home, but I don't want to be saddled with yet another payment.

Doing this would allow me to cut my down payments in half. 

But, the self-sufficiency test for FHA loans can be really difficult in SF, meaning that the market rent from units you will not occupy must be sufficient to pay for the mortgage payment. 

The metrics are different due to the financing benefits from being <5 units and corresponding down payment requirements.

It's near impossible to cash flow when most homes are selling for above $750K, Taxes and Insurance added in the PITI payment is higher than the rents.You can buy a Duplex 2 unit for example in either FL, IN, or OH and not pay more than $200K the rents are typically $1200-$1500 a door.

I did my research and requote what would benefit both me and the investor, below is the Finalized CORRECT format of the proposal:Listed price on the property: 459,900MAXIMUM amout of money down on the property: $380,000Method of Payment: CASH OFFER from Investor.

It can take 2-3 months before payments get approved. 

There are loan programs that will do a 20% down payment with a 680 or above credit score. 

And how much of a down payment do you have available to invest in the property?