How did this work out for you?

I have experienced that the numbers work out more in your favor the more bedrooms the property has.

It could work out, but I've seen agreements like this go sideways far too often.

Is this a situation where it's all going to work out the same at the end?

If not we could work out a down payment with cash, and finance the repairs through our day jobs. 

You  May want to go back to seller and work out a deal that works best for both of you.

Whether or not your existing policy would provide coverage may depend on:1. type of policy2. are you charging for the rental3. are you renting to a non-tenantIf it is covered, you need to work out waivers and contract language with your attorney. 

Heck, I could almost buy that house for cash at this point, which blows my mind because it's not like I'm even making crazy money at my day job.Now compare that with this property in my city: https://www.zolo.ca/peterborough-real-estate/154-h...Now, I ran the analysis and if I could negotiate the price down by about 15%, the numbers seem like they would work out pretty well.

Sure, the rate is good but does that math actually work out for the borrower and often the answer is no. 

3 years later, how did this work out for you?