@Sunny ShakhawalaI have not attended Tony Robbins seminar, but listened to Zig Ziglar tapes.

Another thing to keep in mind is if you need to refi to get money out in a couple years in the future for your next down payment there is a big possibility you will be doing so at a higher interest rate.If you pay more down you are not reducing what you are paying monthly just shortening the number of payments in 25-30 years.It looks to me you are in a growth stage and having a stable predictable property with more debt (paying off at a regular rate).

@Cole ShawdThis question is difficult to answer as we don't have all the information.There are a couple of reasons your CPA may have said what he said.1) You may be making over $150,000 and not eligible to utilize passive losses from your rental against your other income.

In that case, the agent took 20% - very reasonable IMHO, as she had to do a lot of the legwork (including finding a buyer and showing the property a couple of times), and for that, she ended up with just a couple of thousand bucks.  

She said they have a couple of places in the city already, and are looking for another one due to a potential ownership change in a current setup.

I came across BiggerPockets as a referral from a friend, and have since began listening to the podcasts, reading the books, attending webinars, and watching youtube videos that they have been putting out.My fiancee and I are planning to start our REI career with a househack in a multifamily property.

I came across BiggerPockets as a referral from a friend, and have since began listening to the podcasts, reading the books, attending webinars, and watching youtube videos that they have been putting out.

I usually find appliances a couple of years old for dirt cheep, far less expensive than repairing major parts.

A couple who was selling their house applied for my rental.

The lender that ordered the appraisal will have to release the appraisal to the new lender with a transfer letter and a couple additional documents.