is my primary home I live in it, the purchase price for the house was $145k and I put 5% down when I purchased it. i been making 6 payments The house is located in Rockford il Most likely the answer is no if you only put 5% down.

Hi MichaelFor a seller-financed deal, especially for a multifamily property like a six-unit or larger, a typical down payment could range from 10% to 20%, depending on the terms you negotiate with the seller.

.• Down Payment: Planning to put down 15%–20% to keep my monthly payment low.• Cash Flow: My goal is to keep total expenses at $600/month or less (including mortgage, taxes, insurance, and property management).• Minimizing Debt: I want to avoid overleveraging and maximize cash flow from the start.• Property Management: Since I’m investing out of state, I’ll be hiring a property manager to handle day-to-day operations. 

and you still typically need a down payment with almost any kind of loan. 

I am wrapping up rehabbing my first property by myself in DC and getting confused on how to price it, It is a townhouse 4bed, 2.5bath in NEI am hoping to rent it to someone with a housing voucher covering 90%+ of the monthly payment. 

Mortgage payments stay the same. 

With no points to the lender, the rate would be 9.99% with a principal and interest payment of $2165.

But even if they file, they have to make all payments afterwards or can be evicted. 

Many investors in NY like the idea of house hacking because:- They can invest with a low down payment (similar to what a 20% down payment would be OOS)- They gain hands-on acquisition, project management, and property management experience.

This is in the east side of Buda in 78610Property price is around 340,000 and the monthly payment for 80% mortgage at 7.125% with property taxes (2.32%), HOA and Insurance comes out to around 2,600$Rental comps suggest around 2200$ gross monthly rent.