Daniel Karbownik you are right about the lender most likely not allowing a financed down payment.

Digitizing the marketplace to allow buyers and sellers to see current bids and documents at the click of a mouse.

Take your time and pencil out the cash flow as you described but put in property taxes and an allowance for emergency maintenance.

This network allows me to connect people with inventory and opportunities that can be difficult to find, I am looking to share them here! 

The bank did a 'valuation' of comps to decide how much they would allow in a loan against it.

I can screen them as if they were a new applicant before it's allowed to go through) I can do here, to stay safe?

After buying - by chance - a 'high cash-flow' apartment as first property in Malta, my husband and I realised that Real Estate Investing could help us reach our goals: financial, geographical & time freedom.We are already working online, allowing us to travel frequently for long periods of time.

welcome to BP @Kathryn LindseyDouble check with your HOA to make sure they allow rentals. 

Question: Where's your vacancy allowance?

Carlos Castillo Self advertising is now allowed here.