So our mortgage is at 3.375% so it wouldn't cash flow if we did a full cash out refinance.

Other people helping pay down the mortgage How did you find this deal and how did you negotiate it?

The majority of wealth comes over time from equity through mortgage paydown and appreciation.

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.

The reason has to do with a base line effect, a couple with a stable income that is required to qualify for a mortgage will usually make enough to qualify for a 200k house.

Fill, your insurance rates will be extremely high if you don't properly fill it.

Having a properly drafted and legally binding contract protects both the buyer and the seller.Contingencies and other clauses within the contract are crucial.

A lot depends on your credit score as well, 780+ is top tier as far as pricing out conventional mortgages. 

. ~$1000 Mortgage.

I'm a Mortgage Loan Originator and my company has some great investor products.