I know it is a balancing act for self employed people. 

Landlord reserves the right to pursue XXX  soon to be ex-wife XXX for remaining past due balance as permitted by law.

Utilizing this program buyers can put down 5% and since it is a conventional loan, the PMI will then go away once the balance of the loan is paid down to 78% loan-to-value. 

This group was more landlord oriented, but we are in the process of recreating ourselves to become more balanced between landlording and real estate investing in general. 

The principal balance on the note is $121,500 at 5.25%.

Some of my tenants don't have bank accounts when they sign up with me, and they just use Cozy to keep track of their balance (I add in water bill charges on Cozy too).

(Bill Gulley probably knows).Another option would be to have the seller carry back a second mortgage of 10%-15% of the purchase price and you put up the balance (15% - 10%) of the 25% down payment.

Recently I found another good deal - wanted to take out the full $50k as a downpayment (which I'd pay back quickly with bank financing) however was unable to do so and would have only been able to take out $20k until 12 mos had passed since the loan balance returned to 0.Hope that makes sense and maybe gives someone a little insight into how this works.Lots will say not to do it -- I did and it worked great for the short term.  

If the market value of the house is higher than the mortgage balance that could make a difference on whether this is really a good deal or not just, depends.

You get to retain the property on your balance sheet as an asset, but won't have the responsibility of upkeep and maintenance.