Put a larger down payment 

Hi everyone,I’m a rookie real estate investor who came across bigger pockets after reading through the investing with little to no money down book. 

To be conservative, I'm rounding down occupancy to 70%, which for 3 cleanings per month, would mean rental income would be ($220*365*.7*.6)-($30*3*12) for a monthly income of $2,720.

For $2,000 which was loaned to me from a friend for 90 days for $200, I gave an attorney a cashier's check as a down payment.

I've worked with some other turnkey providers, even bought 1 turnkey property years ago and MartelTurnkey is head and shoulders above the rest.

Whether you BRRRR or do seller financing, it's very unlikely you can do a deal $0 down.

That's pure slime.Save your time and do something legal and ethical to save for a down payment.

I only mention this number because at $150k AGI, the active investor allowance enabling one to deduct $25k in losses from active income disappears, as I understand it.My current portfolio:Condo (purchased in 2021 w/ 5% down)Single Family (purchased in 2022 w/ 5% down)Multi-family primary residence (purchased in 2023 w/ 15% down)Above-garage apartment and detached ADU are rented out.

The numbers I’m using are purchase at 175k, 20% down, 8%, for 30 years.

.: Hi HermantOf course everyone wants cash flow, but just to give you an idea in DFW market I will say standard deal you will probably need about 40% down on small MF to break even or get a little cash flow.