This is a question that is asked all the time and here's my take:If you are using a low down payment, it's not really realistic to expect to be cash flow positive.

I get CC'd because my property will get a lien if he never pays.He's almost late with rent each month past his grace period but has never been assessed the 50.00 late fee payment.

(this is important if you do need a short term loan to purchase then refinance out - and the answer should be 1 day...very important that it is 1 day on title is all that is needed to refinance) What is my minimum down payment required?

This yields the same amount of money, however stretches the payments out over 30 years vs 8.5.

when using the BRRRR calculator is the rehab cost payment in the rental phase?

Can I use someone else's money (that wasn't gifted or loaned to me) for my down payment on a bank loan?  

Sandra bought a property on land contract 3 years ago for $180,000, with a $20k down payment and monthly payments of $2,000.

My payments are either after the work is completed or at a draw rate that is in my favor.  

I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative estimate, probably higher).Purchase price: 295,000Down payment: 25%, $73,750Loan term: 30 yearsInterest rate: 5.375%P&I: $1238.94/moClosing costs: $2800Gross scheduled income: currently $2650/mo, I'm planning on $3000/mo minimum with STR, so $36,000/yearLess Vacancy/Repairs: 10% = $3600*Gross Operating Income: $32,400Less taxes ($4700 (high estimate)), Insurance ($900), and Water/Sewer ($1800):  $7400Net Operating Income: $25,000Less Debt Service: $14,867Before Tax Cash Flow: $10,133CAP rate: 8.47%COC: 13.24%*yes, I know that's low for Vacancy/Repairs/CapEx, thats because we do our own work and management.  

Thats a good chunk for a down payment on a deal you do yourself.