If your current equity and cash position is not there to make the downpayment on a big deal - how do you intend to make the expected and unexpected payments that come along with owning a big deal?

So about a 33% equity position.

I feel exactly the same way, and I am in the exact same position that you are.

But the hard part is I want to live in a nice area and nice areas tend to be much harder to get positive cash flow (assuming I imagine I'm paying myself normalized rent prices for that area).If cash flow is so important, which it is to me since I'm basically trying to build up capital for future investments, maybe it's better if I rent some place cheap with friends and buy a less expensive property in an area I don't want to live (really south when I'm trying to stay closer north).

The positive energy flow from this place is excellent.

anywhere i can find them...i am in the nyc area and it is very difficult to find properties that are cashflowing positive here.

So about a 33% equity position.

The ideal utilization percentage for the highest positive impact on your score is sort of a big "secret" of fico so nobody really knows for sure what to keep your percentage at, but 20% seems to come up often when I do my research.

We have a great banker at Regions, Im almost positive I can get financing from him.

When you are looking at profit, do you mean pre-tax, or after-tax positive cash flow.A house I am looking at now is negative cash flow before taxes, but positive cash flow after taxes.