I had a 40K bonus from a large sale from my 9-5 that I used as a down payment to enter into an owner finance deal to purchase.

Hello all, I've watched a few podcasts where it was stated that it would be smart to house hack every year to take advantage of the low down payment loan options.

As of Aug 2019 agency lenders are not allowing and this could violations could cause a non-recourse loan to convert to recourse real fast.

I've been warned that tenants can go months without paying rent and a situation like that would make it hard for me to keep up with payments.2) New Brunswick.

Thanks. where you getting the income to pay the mortgage payment if you buy a $4M property?

How much do you have to contribute toward a down payment ?

I was ignored by the first mortgage company when requesting the initial payments for the architect/engineer and permits for a month, and then ignored by the second mortgage company for another month.

Are DSCR loans on motre than 4 units possible with no seasoning of DP? thank you,Jorge

I have found properties in the area that generate cash flow with a 30% down payment.

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.