Buy a house with a 40k down payment. 3.

Payment terms: We are willing to accept a minimum monthly payment of $25.00, starting in September 2016.

Your payment will be lower which will help with DTI for other future property investments.

After having a couple of different banks run the numbers, the best I can do is a cash out refinance on the two properties with the most equity.This would allow me to pocket ~$45k and increase the combined payment by $136 per month.

I know this may not be the most accurate but for the examples sake:Private money loan of 65K acquired at 8% interest only payments of $433 for 10 years.Purchase price of 60K and out 5K into it.Do Contract for deed at 84K with 4K down at 8.7% for 15 years for payment of 803.58.Collect difference of PM loan and payment of $370.I'm sure it's not this simple and probably left out some parts so I welcome all advice.Thanks!

Lastly, I am a first-time home buyer in CA and I'm looking to purchase a triplex or quadraplex with a minimum down payment.

I am looking to get a partner on the place for just the down payment of the property, split the profits 50/50 and I will manage the place myself and eventually I will actually move into one of the places.

I have heard that a down payment on multi-family can be from sources other than your own. 

I can borrow a very small amount from my 401(k) at 2.25% interest for a down payment or purchase, but given how hot my local market has been that won't get me very far until I can learn some alternative strategies.  

From down payment through months 1-9?