Here in the Myrtle Beach area there are plenty of deals that will cash flow with a 25% down payment.

A bit about my situation and motivation for getting into real estate investing...I have a full-time, high paying W2 job as a specialist physician that I generally enjoy but would like to  be able to supplement my income over the next 8-10 years if/when payments decline in medicine.

If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.

I think it was for down payment and closing costs.

is that a combination of larger down payments + paydown over the past few years? 

For the couple hundred in extra 'cash flow' you get by doubling a payment's term, I'd much rather be done with it sooner. 

And offset the previous FHA loan payment showing that you're making the payments for it so it lowers his DTI.

If you have extra cash at the end of the month, then do double up payments on the mortgages so the principle is reduced and this will increase your heloc room.

This is a common misconception but we're an online platform where the owner chooses their own price and selects their own tenants.

Hi Garry,To ensure your safety, it is highly recommended to visit areavibes.com and select the "See more crime data" option.