Your assets are light for a deal this size to qualify.How debt works and ratio's involved will likely depend on what going in cap rate the income throws off with purchase price.There are hundreds of items to analyze when looking over a retail property and takes a lot of time and due diligence.The items listed for roof, parking lot, etc. can equal in to the six figures in costs so very substantial to repair or replace.

Indiana has the best combination of landlord friendly laws, low prices, excellent price to rent ratios, and low taxes.

Have you been through the process of buying with low or no money down?

I just looked up the BAH for this zip and its $999 on the low end for an E-1 without dependents, although I'm not expecting a single E-1 would be our target group.

Home Depot or Lowes gift card.You need to give them something that they will remember.

I passed the course and got the green light to take the exam, but taking the exam isn't a priority right now.

I got a really low price, fixed it up, and gained over $100,000 in equity.

., you might be able to obtain as high as 80% LTV financing, rates in the low to mid-5's.  4's might be obtainable, but it's going to be tough b/c of rate market.

One thing I noticed in your numbers is the insurance values which I think is too low for the property.

@Amber Scavone you are not alone in running into cash flow issues using low down payment loan options.