You could do more or less down but just wanted to give you an idea.

My question is, would a down payment at 40% or more be realistic for this type of acquisition? 

I no longer qualified for traditional financing because I already own many rental properties and my DTI was high for the bank, so I purchased these in a business entity with a trusted private investor and was able to refi the 1st property/sell the 2nd property to pay back my investor and ultimately keep the better property for zero money down.

I am looking to acquire 500k Short Term Rentals in PA and FL.I'm looking to be able to make the smallest down payment possible.

Hey BP Community,I’m fairly new to the real estate world but would like to jump in and get a head start on building wealth for an early retirement.I’m currently in my early 20’s and I’m interested in house hacking with my partner by the end of the year as a first step in investing.So far this year I have been working on building up my financial literacy and some knowledge on real estate through books and the BP podcasts.

You also are required to put 25%-30% down and larger reserves are required and the building itself can cause issues if it has vacancy ratios.

For most that have vanilla LLC's were they bought a rental put 20% down and own a few of them to me its over kill.when you move into larger multi million dollar deals then yes I see most folks buying those in separate LLCs.. but have partners who have only one and own HUGE holdings in the one company  shopping centers , MF  industrial tilt ups.. but with monster insurance. 

It will allow you to get into a home for relatively little down that you can later turn into a rental.

What ever you do, don't let anyone talk you into funding EMDs, down payments, or 100% 2nds.

I’ve been trying to wrap my head around what an appropriate offer would be and the numbers just don’t seem reasonable.