I was able to use equity from another property as part of the down payment and renovation cost.

I'm in Canada, but if you are below 20% for a down payment, you also have to pay mortgage insurance and that is pricey.

I have allocated a budget of over $5,000 for furnishing the house, and my monthly payments (PITI) amount to $790.Given that I reside in Austin, TX, I am a bit worried about managing remotely.

I thought if payments were larger than $600, landlord takes QBI, and PM is a sole proprietor LLC a 1099-NEC is generally needed.However my situation is unclear since the money was passed through AppFolio.

I’m not saying you can’t have both, but unless you have a sizable down payment most properties in Utah are not going to cash flow with current interest rates.

Dscr would be my go to but, im trying to find a low down payment.

Here's a summary of the options:Option A: Offers a 7% interest rate with a 30% down payment from Bank A.

Please let me know your thoughts on this idea or if you have any other payment ideas.

Worked out a deal, found business partners (down payment assistance), and took advantage.

I need the monthly payment as low as possible to get into another next year.