- My agent stated that with investment properties, I am only required to give 15% down.After rethinking all the facts and the math, I decided not to go with this property.

I did the math for cost and concluded printing and mailing myself will cost more than using the website.I'd extremely appreciate everyones help on this topic.

I am super excited but trying not to be blinded by the lightThe following is the scenario (sorry if I am bad at explaining, I am just a building inspector not a math wiz lol):Asking 485,000Offered 450,000Down Payment 15,750 from 401kTotal monthly expense insurance, tax, loan, pmi = 2937Rent estimate 950/ unit or 3800/mo plus onsite coin laundry which is tbd I will be renting my current home for around 1700/mo tenant pays all utilities Current homes monthly expense = 1100. 1700-1100=600 Since i will owner occupy one unit my 4 plex income will be 2850. 2937-2850= 87/mo plus garbage paid by me which is tbd. 600 - 87= 513That leaves me with getting paid 513/mo to live in the 4 plex.

Then you can sit down and do the math on all of your options and determine which one is best.

Simple math and simple business.

Do your math and be careful.

Cocktail napkin math says I should be able to get her down $20K before inspections. 

Bottom line our AirBnB is at least an extra 500 a month in monthly expenses when you do the math compared to our long-term leases.

But it makes the math very easy for you and the seller to understand and it takes the bank out.

You can do all the math, save all the money, and talk to all the people...