I've been wholesaling and closed a few deals, but I came across a property that is currently tenant occupied that is deeply discounted will have a large amount of equity right off the back. 

Yes, two properties but the owner financing is for one monthly payment amount and one down payment. 

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

It's crazy how much it varies based on the area.I'm not for sure on the market in Boston but I can guarantee you that if you find anyone in Cleveland, OH doing it that low it's either a scam or some poor soul that has no clue what on earth it is they're doing and the entire experience will be a train wreck from hell.10% is about the best you'll find in this market unless you get 10-15 doors and then the rates may go down but nowhere near that amount.

Generally your net worth has to be greater to or equal to the loan amount.

And they probably will if they had problems paying the rent at the lower amount, and now you're considering raising it. 

I recommend financing now at the lower rates giving you more money to invest now rather than later which may lower the overall amount you would have to invest and costing you more. 

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Roommates would indeed reduce the amount of privacy you have.

But I can tell you he's lost about $200k in commissions as I don't deal with him and have bought a tremendous amount since.