That way, it is not debt with a payment attached to it.

Here's what we require to do a Payment Plan:1) Tenant MUST put in writing specific payment dates & amounts2) Tenant MUST provide us acceptable proof of income to support Payment Plan3) We put their proposed payments into a spreadsheet that includes their current past due balance and future rent payments--- Many tenants only focus on their past due balance and forget about future payments!

Hi Brad, I believe a 401k loan may be helpful in terms of putting toward a down payment if needed. 

Yes - you can get a DSCR Loan with 15% down payment.

Many hard money/bridge lenders will collect interest payments up front at a closing to cover payments for a period of time.

Its percent of home payment to median income which has been skyrocketing over the past few years.

Tenants had just moved out of the non fire side before the fire.  We had just finished painting the entire unit and were getting ready to place on the market for rent.The quote we received from the Restoration and Ren...

@Nate WilliamsWith one income, two kids, and limited cash flow, minimizing risk is key.

.• Down Payment: Planning to put down 15%–20% to keep my monthly payment low.• Cash Flow: My goal is to keep total expenses at $600/month or less (including mortgage, taxes, insurance, and property management).• Minimizing Debt: I want to avoid overleveraging and maximize cash flow from the start.• Property Management: Since I’m investing out of state, I’ll be hiring a property manager to handle day-to-day operations. 

She got us qualified for an FHA loan plus a down- payment assistance program.