I noticed that we also have to choose what our down payment percentage is (which I put in 5%), so I wasn't sure if the way I'm doing it is including the 5% down payment in both sectionsThanks for any and all advice!

Purchase price: $155,600 Cash invested: $15,000 (down payment and closing costs) + $5,000 (repairs, fencing, etc.)House hacking

Veterans VideoVeterans buy a home with NO down payment. 

So if you factor that into the equation (plus the interest u pay on the mortgage and the hit to your cashflow from monthly payments) and the HELOC jumps to 7-10%, which way do you come out ahead?

Hi All,Any suggestions for the best application for my tenants to pay rent? I recently closed this week on a fully occupied 3-Unit in WNY. Hoping to get them on an app rather then collecting a check each month. I foun...

The fact that the tenant could not afford the up front payment was a big red flag.

Your share is similar to what a wholesaler or REALTOR would provide so I think a one-time payment would be appropriate. this could be a flat fee or (preferably) a percentage of the purchase price.

My recommendation would be to find another, less depressing job to fund the down payments for your investment properties.

I will be left holding the bag on it, or just trying to get a LARGER long term rental rent payment if this law is passed.  

His loan statement says he owes a payment of $9,000 and to bring the loan current he needs about $19,000.