I always viewed it as "who cares how much money I put down", I plan to pay them all of before I retire as part of my ultimate strategy anyways. 

.• This balloon payment will be paid through a cash-out refinance of an investment property valued at $198,000.7.

We said we would buy as-is and take care of all the trash ourselves.

Yael - Hi,  I am a real estate agent in Phoenix and thinking of an answer to your question. 

I have a Youtube link in my profile with some tips and would be happy to have a call sometime to discuss your wants and needs out of an investment property.

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

Does anyone know of an affordable second loan to help with the down payment?

Who cares where the rent is coming from?

I'm wondering if that might be less of an issue for something more rustic and temporarily occupied like camping/RV.Any one have any thoughts, parallel experiences, or other basis for insight?